Social Security Might Cut Your Benefit, But You Can Still Snag a Higher One by Doing This
At this point, Social Security cuts are something current and future retirees alike might have to brace for. In the coming years, the program expects to owe more money in scheduled benefits than it collects in payroll taxes (its primary revenue source) as baby boomers close out their careers in droves.
Social Security has trust funds it can tap to keep paying scheduled benefits for a while. But once those trust funds are depleted, benefit cuts may be the only choice.
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Source Fool.com
