How people will be impacted by Social Security cuts - GoBankingRates

In 2023, an average of almost 67 million Americans per month receive a Social Security benefit. Social Security is the major source of income for seniors. But the Social Security Trust Fund is in trouble if not resolved; there is a growing chance that Social Security recipients will face an almost 30 percent cut in their benefits in 2034. However, these cuts will not only affect those receiving Social Security benefits; they will impact people of all ages. Elizabeth Constantineau describes how the prospect of Social Security cuts will impact every age. Read Ms. Constantineau’s article here…

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Comments On This Topic

  1. I feel that those who paid in for over 20yrs should not be effected at all..
    I feel all other programs that were wedged into the S.S. Fund should be taken back out and placed in other social programs where they belong

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