Are Social Security Cuts Coming? Updates on Trump, Changes and Benefits


Learn what’s happening to Social Security, Trump’s role in the discussions, and why potential cuts matter to millions of Americans. Discover the challenges, proposed changes, and how they could affect your benefits.

In today’s update, Social Security is facing challenges that could impact millions of Americans in the near future. Learn what lawmakers are saying about potential cuts, how Social Security could lose 17% of funding by 2035 without action, and the efforts being made to address inefficiencies. This discussion explores the latest debates on the Social Security Fairness Act, proposals to raise retirement ages, and the real-world implications for retirees and public workers. This impacts retirees including SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. Stay informed about the future of Social Security and what it means for your financial stability.

Are Social Security Cuts Coming? Updates on Trump, Changes and Benefits

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Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.

Categories Investing and Financial Planning, Retirement

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