Tag: monthly Social Security check

Retirement blocks

In 1983, Congress introduced gradual increases in the eligibility age for full Social Security benefits from 65 to 67. The increases, starting in 2000 and continuing today, have meant larger reductions in the monthly checks for people who sign up for their benefits early. This was a major cut to Social Security benefits, and it…

Senior man working at laptop at home

The brief’s key findings are: The recent spurt in inflation is an important reminder that keeping pace with the cost of living is one very valuable feature of Social Security. However, some of the inflation protection offered by Social Security’s COLA is undermined by two factors: Medicare Part B premiums – deducted from Social Security…