Social Security's (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time. The DI Trust Fund is estimated to become depleted in 2057, eight years earlier than last year’s estimate, with 91 percent of benefits still payable. ...
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Money
Too many times, adult children struggle – not only with the grief of losing a parent – but also in putting together the financial puzzle their parents may have left for them. Unlike a puzzle that comes with the picture to solve, children often are left with pieces that don’t seem to fit together and are both frustrating and costly to manage. ...
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The future is uncertain. The Social Security Administration's Advance Designation program allows you to preselect a trusted individual if a time comes when you need a representative payee to help manage your money. Advance Designation enables you to identify up to three people, in priority order, whom you would like to serve as your potential representative payee. ...
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