Here's Exactly When Social Security Recipients Can Expect Benefit Cuts, According to the Latest Trustees Report
Millions of retired Americans rely on Social Security to make ends meet once they're no longer working and earning a paycheck. Even though the average retiree was only collecting $1,907 a month at the start of 2024, that income is crucial for many older Americans today.
But Social Security is facing a major financial shortfall that could put its ability to pay benefits at risk. And that's something current and future retirees alike need to be aware of.
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Source Fool.com
