Over 60 percent of Americans derive most of their monthly income from Social Security. That is enormous. This is something that is not going to go away but will place additional burdens on those working.
Social Security has 2,728 rules in its Handbook covering retirement benefits, spousal benefits, child benefits, disabled child benefits, widow(er) benefits, child-in-care spousal benefits, mother (father) benefits, divorced spousal benefits, divorced widow(er) benefits, divorced mother (father) benefits, disability benefits, and parent benefits.
The system’s Programming Operating Manual System has hundreds of thousands of rules about those 2,728 rules. The number of potential benefits, legitimate months for initiating collection of the various benefits, ways in which one spouse’s benefit collection decisions can affect the other’s, and all the rules within rules limiting what you can receive and when you can receive it makes Social Security far more complicated than even the federal income tax.
Read how to use the system here:
http://ggc-mauldin-images.s3.amazonaws.com/uploads/pdf/OTB_Jun_1_2016.pdf
Thanks AdmSmith.