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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.[1] 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,[2] lowering the average benefit below the federal poverty level.…Read More
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