The Daily Money: Should you plan for Social Security cuts?

In today's Daily Money newsletter, we have insights on Social Security benefits, a foam shortage and using Roth IRAs as an emergency fund. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Monday, July 19 Good morning, it's Nathan wishing you a happy start to your day! 🥇 Are you geared up for the Olympics to start later this week? Me too. I think. But it will be hard not to think about the pandemic while watching the athletes compete. On to our ...  💡 INSIGHT OF THE DAY: Another day, another shortage. "A nationwide foam shortage has compounded supply chain bottlenecks and delayed product deliveries in myriad industries, including furniture, mattresses, autos, boats, recreational vehicles, appliances, building construction and steelmaking," our Paul Davidson reports. 📰 And here are more stories you won't want to miss: 1. Will Social Security benefits be cut? Here's what you might be able to expect based on your age. 2. Companies say they care about diversity. So why are their boards so white and male? 3. Should you put your emergency fund in a Roth IRA? You could, but it depends on your circumstances. 4. Unemployment benefits were tax-free in 2020. Don't expect that in 2021. 5. Jeff Bezos is going to space tomorrow. I, for one, want to see what he looks like in a spacesuit. --@NathanBomey Foam shortage means delays, price hikes for sofas, boats, RVs, more A foam shortage sparked by the February storm in Texas is still causing delivery delays, higher prices for sofas, boats, RVs, refrigerators, more COVID-19 product shortages: Foam, chlorine, more Social security cuts: What can you expect to get based on your age? In-depth look at diversity's struggle to crack corporate boardrooms Should you delay retirement because of COVID? 2 ways to boost your credit score before applying for a mortgage Unemployment benefits were tax-free in 2020. Don't expect that in 2021 Can you use your Roth IRA as your emergency fund? More than a child credit: These are tax law changes to know Why billionaire Elon Musk lives in a $50,000 box home   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102