17 August 2023

Here’s How Much Your Social Security May Be Cut in 2033

Social Security statement and check
Richard Stephen / Shutterstock.com

You’ve no doubt caught glimpses of Social Security’s worst-case future, likely from politicians or the media: “The retirement trust fund reserve will run dry in 2033!” and “Benefits will be cut by 23%!” If you’ve ever wondered exactly what such government estimates could mean for you personally, the Center for a Responsible Federal Budget has some ideas. The center recently ran numbers from the...



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