THIS IS BIG for Social Security, SSDI, 401k, & Investments as congress looks to fix Social Security while also keeping us out of war…💥 Make Sure to watch this video all the way to the end for all the details, and let me know your thoughts in the comments! New Video Updates come out Every Day at 10am, 3pm, and 8pm EST / Eastern Standard Time. Make sure to click the Subscribe button below and then click the bell icon to “All Notifications” so you get reminder notifications for new videos, this way you won’t miss out on new videos! Also please make sure to SHARE this video with your Friends, Family, & Social Media to help spread the word. Thank you so much!
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THIS IS BIG: Ensuring Financial Security through Social Security, SSDI, 401k, and Investments
Financial security is a goal that many of us strive to achieve in our lives. We want to ensure that we have enough money to cover our expenses, provide for our loved ones, and enjoy a comfortable retirement. Thankfully, there are several tried and tested means to achieve this level of financial security, and in this article, we will focus on the benefits of Social Security, SSDI, 401k plans, and smart investments.
Let’s begin with Social Security. Social Security is a federal program designed to provide income to individuals and families in retirement, disability, or following the death of a working family member. Contributions to Social Security are deducted directly from workers’ paychecks throughout their careers. When individuals reach retirement age, they become eligible to receive Social Security benefits based on the number of years they have contributed to the program.
Social Security benefits are a lifeline for many retirees, as they ensure a steady stream of income during their golden years. The amount of benefits received is based on various factors, including the individual’s average income and the age at which they begin receiving benefits. Additionally, Social Security also provides much-needed financial support to individuals with disabilities through the Social Security Disability Insurance (SSDI) program.
SSDI is specifically designed to offer financial assistance to individuals who have worked, paid Social Security taxes, and find themselves unable to work due to a severe disability. This program provides a vital safety net for those unable to generate income on their own, ensuring that their basic needs are met.
Furthermore, for individuals who want to take a more proactive approach to their retirement savings, 401k plans are essential. A 401k is an employer-sponsored retirement savings plan that allows employees to contribute a portion of their salary on a pre-tax basis. Employers often match these contributions up to a certain percentage, enabling employees to accumulate savings faster.
One of the most significant advantages of a 401k plan is the potential for significant long-term growth. The contributions made to a 401k are invested in a variety of funds, such as stocks, bonds, and mutual funds, allowing individuals to benefit from market growth over time. Additionally, the tax benefits associated with 401k plans make them an attractive option for building retirement wealth.
While Social Security, SSDI, and 401k plans provide reliable means of financial security, smart investments can further enhance one’s financial future. Investing in stocks, bonds, mutual funds, and real estate can help individuals grow their wealth beyond what traditional retirement programs offer. However, it’s crucial to approach investments with caution, conducting thorough research and seeking advice from financial professionals.
Diversification is key when building an investment portfolio. By investing across different asset classes and industries, individuals can reduce their exposure to risk while potentially achieving higher returns. It’s important to remember that investing carries inherent risks, including the possibility of losing principal, and one should only invest what they are willing to lose.
In conclusion, attaining financial security requires a multi-faceted approach. Social Security and SSDI benefits provide a safety net for individuals during retirement or in case of disability. 401k plans offer the opportunity to accumulate savings through employer contributions and potential market growth. Lastly, smart investments can provide additional wealth-building opportunities when approached with caution. By leveraging these tools effectively, individuals can work towards a secure and prosperous financial future.
AS THE SPAWN''s UK STEALING FOR DEVIL FAMILY !
If they cut medicaid much more then it won't pay for much of anything.
I’m on snap benefits and have kids with epilepsy that need a full time caregiver how am I going to work and afford someone to take care of my children
❤If they would keep their fingers out of social security we would have been alright and not use it for witch hunts or what ever they want to spend it on
Tax the hell out of the Rich! It is time for them to pay up!!!!!$$&@@
The war in Ukraine needs to end. Putin has committed a war crime against the Ukrainians. The International police need to go into Russia and remove Putin from power by any means possible.
The United States can’t afford to keep paying for this senseless war against the people in Ukraine.
Cut their pay
We could cut spending to other countries. They could pay for their own military. We could build products here instead of contracting to over sea companies. Government should take care of America and Americans first. Everything else is secondary.
Should also be cuts to pay checks to all government agencies and members of congress across the board
Biden’s Administration already spent $3.37 trillion by surpassing trumps previous record of 3.28 trillion and he still got another year to go!
Cut Biden out of office
Why are Biden and the Republican neo-cons giving $150Billion to Ukraine when Americans cannot even get health care at a reasonable price and crime is out of control?
All
All
They have to steal our money before they do the bankruptcy.
It's always the American people that get hurt.
Hi Jimmy and Laurel
No they will not pass this
STOP all foreign aid including to Israel and Ukraine, STOP all overseas war intervention CLOSE all US military bases outside our borders. SHAKE DOWN the super rich Episcopalian Crown loyalist dynasties who own the Federal Reserve!
Trump has the money he can pay the 8 Trillion back to us right now and help out.
It’s not making them pay more – it’s making them pay the same % as every else is .
The house and the Senate getting paid Way more than what they worth because they only pass the raise for them selves they are over paid for not to be doing anything
Cut their pay
Are they cutting their psycheck?? Why do we continue getting less and less for us americans. This country is going down the hill.
Have a beautiful afternoon to all and we would continue to express our love,share and respect to all brothers and sisters where ever living all across the nation and always hoping that we must keep our communication,unity and majority in such way to decorate our relationship and friendship in the community and making sure to concern and concentrate to our beloved family in which it helps us to carry our family in right track on doing so we always being together what ever the things and matters in community always we would deeply give much important in order to take our family in better path in other word we all are same family and same human beings so if we always understand and listen each other that would be taken to the dynamic way and always think now to future so we would always be achieved success for example every thing is possible and success but always depending with us and always thinking positive finally we all are born to be great thanks and be loved to all
They need to cut their pay checks first
What do the war have to do with OUR SSI SSDI
They need to get all the money that was given to the states that was to help the people and wasn't used! If it wasn't used then take it back to help balance the budget. It is sad that our country is so decided. For all our sakes h
Get off your high horses and make it work! That goes for both democrats and republicans. Oh and as a afterthought give back those large raises you all seem to think you deserve. YOU DON'T!!!!!!!!!!
Thanks again Jimmy and Lauren
So in a case where they can't pass the debt limit, stocks will drop out of sight and Treasury bonds and there will be no money. That don't seem right, shit on the elderly and disabled. They need to tax the wealthy and put all government on hourly wage put all that extra money into it, God knows they are just not doing their jobs. And stop all their fighting with each other and start working for the people,not working to kill the people so there be more money for them to spend on their stupid scams.and put the money back in SS that they stole
It doesnt matter what we say they are gonna do what they want to regardless of what we say I will be so glad when it is election time come on 2024 it may make a difference or may not. Just waiting on my Savior Jesus Christ to return..Thank you and your wife for the information you give us every day
Good morning everyone .