In the last month or so, I’ve written two columns about Social Security articles I’ve seen in various publications with misleading headlines that are intended to lure you into reading the rest of the story. What’s contained in the article…
the rest of the story. What’s contained in the article is never as dramatic or newsworthy as the exaggerated headline would indicate.
People are also reading… Reason No. 1: Moving to a foreign countryWell, that statement by itself is very misleading. You can move almost anywhere on the planet and your Social Security benefits will follow you. But there is a small list of countries where Social Security benefits cannot be sent. As the article eventually pointed out, your checks will be stopped if you move to Cuba, North Korea and most of those “-stan” countries that made up the former Soviet Union I’m sure 99.
Reason No. 4: Having too few Social Security creditsWell, this is another great big “duh!” Who doesn’t know that you have to work and pay Social Security taxes for a minimum of 10 years to qualify for Social Security retirement benefits? Reason No. 5: Being a noncitizenIf you entered this country legally and have worked and paid Social Security taxes, you will qualify for benefits just like anyone else.
Reason No. 7: You failed the Social Security earnings testWell, this might be the only bit of realistic and helpful information in the entire piece. The “earnings test” referred to says this: If you file for Social Security, if you are under your full retirement age and if you are still working, $1 must be withheld from your benefits for every $2 you earn over a prescribed annual limit. That limit is $19,560 in 2022.
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Social Security Recipients to See Biggest Cost of Living Boost Since 1981Veterans and retirees who receive Social Security benefits are set to get an 8.7% cost-of-living increase next year, the highest since 1981. See the potential bias and similarities in coverage from cnn, foxbusiness and militarytimes:
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Big COLA increase for Social Security - KRLD NewsNearly one in five U.S. residents – 65 million people – receive Social Security benefits. 42% of individuals 65 and older live in families that rely on the program for at least half of their income, while 20% rely on it for at least 90% of their income. So when it was announced this week that Social Security recipients will get a 8.7% cost of living adjustment, it was a huge deal for millions of Texans. KRLD's John Liddle talked about the news with Cristina Martin Firvida, Vice President, Government Affairs, AARP. Image: zimmytws/GettyImages
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8.7% hike to Social Security checks won't cut it, some fearIn a year when inflation has made Americans’ eyes pop when they fill up their gas or walk down grocery store aisles, many Social Security recipients worry whether the biggest cost-of-living increase in four decades will be enough to cover their needs.
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Social Security update: Maximum payment of $4,194 to be sent out to millions in five daysSocial Security retirement payments of up to $4,194 will be sent to qualifying recipients in five days.
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ON YOUR SIDE: Social Security Benefits to Jump by 8.7% Next Year - Alabama NewsMillions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the rising cost of everyday living. onyourside socialsecurity inflation alabamanewsnetwork
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