Social Security payments are facing potential significant cuts starting in 2033 if no changes are made. Actuaries predict that without intervention, benefit checks could shrink by an average of $325 a month by 2035. This looming fund depletion has sparked a fierce debate over whether a commission can help address the issue. Congress is desperately scrambling to find solutions to prevent these cuts and ensure that Americans can retire with dignity and peace of mind. Senator Baldwin recently met with the Social Security Administration to discuss improvements aimed at strengthening this critical lifeline.
Social Security beneficiaries may face an across-the-board benefit cut in the next decade if Congress does not take action sooner. https://t.co/o4JR0cHxFA
As Social Security faces looming fund depletion, there's fierce debate over whether a commission can help https://t.co/VDutv9BrTc
Social Security update: Benefit checks could shrink by an average of $325 a month by 2035 https://t.co/coOvICiVrI
Social Security bosses reveal potential massive cut to retirement income as Congress desperately scrambles to not run out of cash https://t.co/OYGHBvUsKG https://t.co/cLtcXOERFe
Social Security payments will get cut $325 a month starting in 2033 without changes: actuaries https://t.co/ghTp4vHKQf
Millions of people worked hard for their Social Security benefits, and we need to strengthen this critical lifeline — not slash it. I met with @OMalleySSA to discuss the improvements we’re making to ensure Americans can retire with dignity and peace of mind. https://t.co/4xUEFbxkJg
Social Security payments could see steep cuts starting in 2033 https://t.co/jK9uykkOo2 https://t.co/RhO2cSX56m