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New Social Security Fact Sheet Helps Low-Income Retirees

The Social Security Administration has created a new fact sheet that can help low-income retirees learn about benefits they may be eligible to receive.

It’s the latest in a series of free educational resources that the federal government started attaching to Social Security statements in 2021.

The new fact sheet provides basic information, and links to more details, about government benefits for retirees and others with limited earnings, such as:

  • Supplemental Security Income payments
  • The Supplemental Nutrition Assistance Program
  • Programs that help with health care costs — including Medicaid, Medicare, Medicare Savings Programs and Extra Help (for Medicare prescription drug costs)

You can learn more by going to the SSA’s “Social Security Statement” webpage and looking for the two-page fact sheet. You can’t miss it — just look for the red box that says “NEW” right next to it.

Deciding when to claim Social Security benefits is among the most vexing financial challenges that retirees face. Fortunately, there is a way to get affordable, expert help with this decision.

Stop by Money Talks News’ Solutions Center and click on the link to partner Social Security Choices. This company offers expert help in finding the right Social Security strategy for you.

The service normally costs $39.99, but you can get a $10 discount when you use the “moneytalks” coupon code.

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