Social Security

The Social Security Act provides a range of programs to afford you a basic level of benefits in the event of your retirement, death, or disability. Most of these benefits are financed by payroll taxes.

Your Social Security benefits include:

• Retirement insurance
• Survivors’ insurance
• Disability insurance
• Medicare
• Supplemental security income

Social Security benefits are adjusted frequently, and the rules and regulations change. You should contact your local Social Security office to obtain the latest information about the benefits to which you may be entitled.

For more information, visit the Social Security website.

Maximize My Social Security is software developed by BU Professor of Economics, Larry Kotlikoff. It helps you determine when to take your Social Security income in order to receive the greatest benefit.