What is Happening with Social Security?

We have been hearing from many clients that they are afraid the current administration is seeking to cut their benefits. This is a serious issue, as it is causing a lot of anxiety for the folks already depending on Social Security to help fund their retirement.

There is a recent article from Kiplinger that addresses key issues being addressed by the federal government to make changes to the Social Security system. Whether you've heard that your local social security office is being closed, or that you will no longer be allowed to make changes to your direct deposit of your monthly social security check, we encourage you to read through this to learn more about the changes that may or may not be happening.

If you take time to read through that article, the author notes the impact of the Department of Government Efficiency, or DOGE, that is involved. In case you would like to see real time postings of what this new team is working on, we encourage you to visit www.doge.gov to view their findings and actions.

We are confident that the steps being proposed will indeed help strengthen the social security program and the financial obligation to our seniors.