Tag: benefits

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Social Security reduces poverty, stabilizes household finances, and can even support a beneficiary’s extended family. But drill down to a single month in the life of a low-income retiree or someone on Social Security disability, and a picture of hardship comes through. Researcher Madelaine L’Esperance at the University of Alabama found that financial problems build…

Illustration of the 2021 federal stimulus check from the IRS with cash and social security card

With the prospect that Congress may fail to raise the debt ceiling and the possibility that Social Security benefits may not be paid on a timely basis, one obvious question is whether it matters if people get their check a few days, a week, or a couple of weeks late.  From my reading of t…