Social Security Benefit Cuts Have Already Hit Retirees -- Are You Prepared for Things to Get Worse?
The majority of Americans are worried Social Security won't be there to provide benefits in the future. And while the program can't run out of money, there is reason to fear benefit cuts in the next 15 years, as the program's trust fund is expected to run dry in 2035.
But while you were busy worrying about what will happen in the future you may have missed the fact a major cut to benefits has effectively already happened. And, sadly, things are likely going to get worse.
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Source Fool.com