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Social Security: 5 things to know

9:23 PM, Mar. 2, 2013
Gannett illustration SOCSEC-REFORM: Illustration of a social security card being rebuilt. With related story or standalone. Mark Marturello, The Des Moines Register. 42p x 7-5/8'. Color. RGB JPEG image.
Gannett illustration SOCSEC-REFORM: Illustration of a social security card being rebuilt. With related story or standalone. Mark Marturello, The Des Moines Register. 42p x 7-5/8'. Color. RGB JPEG image.
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You might not talk about Social Security very often, but it's an enormous part of the national debate - and your retirement future as well.

What do you need to know about Social Security? As a potential retiree, everything you can. Here are five of the most important things:It's not ALL that generous

Social Security was never intended to be a pension you could live on. Instead, it was designed to be a supplement to retirees' income. Currently, the average Social Security payout is $1,262 a month, according to the Social Security Administration (SSA). That's an annual income of $15,144. ...

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