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Browsing Tag

benefit cuts

24 posts
PPersonal finance
The Timeline to Sweeping Social Security Benefits Cuts Is Likely Being Accelerated by 3 of President Donald Trump's Policies
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The Timeline to Sweeping Social Security Benefits Cuts Is Likely Being Accelerated by 3 of President Donald Trump’s Policies

  • August 8, 2026
For the better part of the last nine decades, Social Security has played a foundational role for retirees.…
PPersonal finance
The Promise Act Would Push Congress to Vote on Social Security Reform Before 2032's Projected 22% Benefit Cut for Retirees
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The Promise Act Would Push Congress to Vote on Social Security Reform Before 2032’s Projected 22% Benefit Cut for Retirees

  • July 28, 2026
A new bipartisan bill, the Protecting Retirement Opportunities and Maintaining Income Security for Everyone Act, aka the Promise…
PPersonal finance
Should Social Security's Insolvency Change Your Retirement Plans?
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Should Social Security’s Insolvency Change Your Retirement Plans?

  • July 21, 2026
Social Security plays a central role in many people’s retirement plans. For some retirees, it’s a helpful source…
PPersonal finance
Social Security recipients could see $500 cuts to monthly benefits by 2032
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Social Security recipients could see $500 cuts to monthly benefits by 2032

  • June 5, 2026
(Gray News) — Millions of Americans could see their Social Security benefits reduced by $500 a month or…
PPersonal finance
Social Security recipients could see $500 cuts to monthly benefits by 2032
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Social Security recipients could see $500 cuts to monthly benefits by 2032

  • June 5, 2026
(Gray News) — Millions of Americans could see their Social Security benefits reduced by $500 a month or…
EEconomy
10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
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10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy

  • June 5, 2026
At Treasury Secretary Scott Bessent’s testimony before Congress on Wednesday, Sen. Bill Cassidy (R-LA) brought up a well-worn…
PPersonal finance
US social security payments: Americans may see benefit cut by over $500/month in next six years — What we know
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US social security payments: Americans may see benefit cut by over $500/month in next six years — What we know

  • June 4, 2026
The Committee for a Responsible Federal Budget has released a report mapping the “Impact of “Social Security’s Insolvency”,…
PPersonal finance
The New Senior Tax Deduction Is Pushing Social Security Closer to the Brink of Insolvency
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The New Senior Tax Deduction Is Pushing Social Security Closer to the Brink of Insolvency

  • May 26, 2026
Many seniors 65 and older found the 2025 tax season to be less painful than in years past,…
PPersonal finance
Social Security Cuts May Be Coming. Here’s the Claiming Strategy to Ease the Blow
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Social Security Cuts May Be Coming. Here’s the Claiming Strategy to Ease the Blow

  • May 20, 2026
Quick Read Social Security faces benefit cuts in under a decade. Those cuts could seriously upend a lot…
PPersonal finance
Social Security Benefit Cuts Are Coming, and President Donald Trump May Have Sped Up the Process
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Social Security Benefit Cuts Are Coming, and President Donald Trump May Have Sped Up the Process

  • April 25, 2026
For most aging workers, Social Security benefits aren’t a luxury. It’s income that retirees would struggle to make…
PPersonal finance
A New Social Security Proposal Could Help Protect the Trust Funds -- but There's a Catch
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A New Social Security Proposal Could Help Protect the Trust Funds — but There’s a Catch

  • April 24, 2026
Social Security has been on shaky financial ground for years, and it could potentially lead to benefit cuts…
PPersonal finance
FinanceBuzz
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Social Security Has a $25 Trillion Deficit – Here’s What Congress Is Doing About It

  • April 24, 2026
Social Security is one of the most important senior benefits today. And without it, millions of older Americans…
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