Social Security Disability Beneficiaries Facing 20% Cut in Benefits
After five consecutive years of deficits, the Social Security Disability Insurance (SSDI) Trust Fund will run dry in just two years. If Congress does not act before 2016, benefits will be cut across the board by almost 20 percent. This would mean a $218 reduction in monthly benefits—from $1,146 to $928—for the average beneficiary, lowering the average benefit below the federal poverty level.…Read More
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