Easy Seniors Club presents you: worrying reasons for reduced Social Security benefits!
When people talk about Social Security, they think the words payment and benefit mean the same thing, but they’re pretty much different. The benefit you’ll get is the amount the Social Security Administration calculates you are eligible to receive each month. This particular amount of money is based on your age, earnings history, and the type of benefit you get.
Your payment, on the other hand, is the amount of dollars that pings each month into your bank account. Speaking of that, in the majority of cases, the amount of money you receive is rather predictable, but that’s not always possible.
If you think that you didn’t get the amount you should have, then you have to read this article to discover all the reasons for reduced Social Security benefits. As I’ve previously said, there’s a big difference between benefits and payment based on many factors, as you’re going to see today. Here are the top reasons for reduced Social Security(SS) benefits! Click on the next page, and let’s begin!
