Navigating Social Security: A Comprehensive Guide.

Social Security is a retirement program for workers that was signed into law in 1935 as part of the New Deal. Today, one in five Americans receives benefits, including retired workers, disabled workers, and survivors of deceased workers. The amount of Social Security benefits you receive is calculated based on the monthly average of up to 35 of your highest earning years. If President Biden and Republicans in Congress don’t reach a deal to raise the nation’s debt ceiling by June 1, Social Security payments likely would be among expenses cut or delayed.