Social Security's 3 Forgotten Benefits

Updated

When most people think about Social Security, they focus on the benefits it gives to retirees. But Social Security provides a lot more than just retiree benefits, and the other programs it includes go a long way toward helping protect you and your family from financial hardships.

In the following video, Motley Fool investment-planning editor Lauren Kuczala talks with longtime Fool contributor and financial planner Dan Caplinger about the other benefits that Social Security offers. Dan discussed programs that help workers who suffer a disability that prevents them from working during their career, as well as supplemental income available to certain low-income individuals who are retired or disabled. Moreover, as Dan notes, the survivors' benefits program that often gives spouses of retirees valuable money can pay monthly checks to family members if someone dies before reaching retirement age. It makes sense to review your full benefits on your Social Security statement and understand what you're entitled to from Social Security.

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Editor's note: The volume levels in some parts of this video are low. The Fool regrets any inconvenience.

The article Social Security's 3 Forgotten Benefits originally appeared on Fool.com.

You can follow Fool contributor Dan Caplinger on Twitter: @DanCaplinger. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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