Understanding Social Security Payments and Managing Debt for Retirement

Reported about 21 hours ago

The Social Security Administration's payment schedule is based on beneficiaries' birth dates, designating specific Wednesdays for payments each month. With nearly half of Americans over 50 facing credit card debt, rising interest rates are hindering retirement savings. Experts suggest strategies to manage debt, including negotiating lower rates, using balance transfer cards, and considering professional credit counseling, emphasizing the importance of proactive debt management.

Source: YAHOO

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