Social Security: The good news and the bad news

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By Larry Guillen | 03 December 2014
The Social Security Board of Trustees released its annual report to Congress earlier in the year, and it offered both good and bad news. On the good news front, social security reserves are on the rise. On the bad news side, Social Security may find itself in severe financial straits by 2033. If you’re planning to retire soon, careful planning to maximize benefits is more important than ever.