A Social Security Benefits Cut Seems Inevitable. Here Is When It Could Possibly Happen.
Congress needs to find a solution before the issue becomes dire.
Overview
For decades, Social Security has been one of America's most relied-upon social programs. There are over 54.4 million people currently receiving Social Security retirement benefits, with many of them relying on the program for most or all of their retirement income.
Unfortunately, the Social Security program has once again found itself in a familiar position: facing potential benefit cuts to keep it properly funded. The cuts aren't guaranteed, but they're becoming a much more real possibility as time goes on. Here's what you should know.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.