A big change to the program will make it more difficult to secure monthly benefits down the line.
One of the biggest Social Security myths out there is that everyone is entitled to a monthly benefit once they reach a certain age. But that’s not how the program works.
Generally speaking, the way to get Social Security benefits in retirement is to earn them by working and paying into the program. There can be exceptions for people who don’t work but are eligible for spousal benefits or survivors benefits. But if you want to guarantee yourself those benefits for your retirement, then it’s important to make sure you’ve earned enough work credits in your lifetime.
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Specifically, Social Security requires a total of 40 work credits to be eligible for benefits. But the tricky thing is that you’re only allowed to earn up to four work credits per year. This means that you basically have to work in some capacity for at least 10 years to qualify for Social…
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