1 Sneaky Factor That Could Slash Your Social Security -- and Nearly Half of Americans Don't Even Realize It

Most retirees lean on Social Security to some degree. According to a 2024 Gallup poll, a whopping 88% of retired U.S. adults say their benefits are either a major or minor source of income.But the program can be confusing sometimes, and some lesser-known factors could reduce your benefits after you begin claiming. In some cases, your checks could be slashed by hundreds of dollars per month. Here's what you need to know.Image source: Getty Images.Continue reading

Mar 2, 2025 - 18:02
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1 Sneaky Factor That Could Slash Your Social Security -- and Nearly Half of Americans Don't Even Realize It

Most retirees lean on Social Security to some degree. According to a 2024 Gallup poll, a whopping 88% of retired U.S. adults say their benefits are either a major or minor source of income.

But the program can be confusing sometimes, and some lesser-known factors could reduce your benefits after you begin claiming. In some cases, your checks could be slashed by hundreds of dollars per month. Here's what you need to know.

Image source: Getty Images.

Continue reading