It's Your Money: Social Security, Massachusetts and the Future

AARP knows that you work hard and pay into Social Security, so it's only fair for you to expect to get the money you've earned. Social Security is your money - you earned it through a lifetime of hard work. Social Security is essential for helping to cover living expenses and pay your bills.

Nearly one in five Massachusetts residents—1,294,623 people—receives Social Security benefits. These payments inject more than $22.6 billion into the state’s economy every year.

The largest group of beneficiaries in Massachusetts are its 921,297 retired workers, who account for 71.2 percent of all Social Security beneficiaries in the state.

Massachusetts has 182,588 residents who receive Social Security disability income, representing 14.1 percent of the state’s Social Security beneficiaries.

If politicians don’t take action to protect and save Social Security in the next 10 years, your Social Security could be cut by 20 percent – an average of $4,000 a year.

FREE, ONLINE SOCIAL SECURITY EVENT
Tuesday March 5 at Noon
If you have been thinking about the right time to file for Social Security, AARP can help.
When to file for Social Security is a personal decision, and learning the impact of early, full and delayed retirement can help you make an informed choice to maximize your benefits. Join us for a free virtual seminar where we’ll share tips, tools, and resources to help you decide on the right time to file.
This virtual seminar will cover:
• Eligibility requirements
• Social Security benefits and claiming age
Working while collecting Social Security
• What you can do with a my Social Security Account
PLUS, this interactive event features a live Question & Answer session with a Social Security expert!
Register Here

AARP's Social Security Resource Center has the answers to important questions, so when Americans are thinking about retirement, they know how to access what they've earned.
These resources include:
• A benefits calculator to help you determine the amount of money you will receive at various ages.
• Answers to common questions to help you understand your Social Security
• A place to take action and tell your elected officials how important Social Security is to you and your family.

Take action now to protect our hard-earned Social Security.