Social Security Retirees Could Lose $38.9 Billion of Their Benefits This Year to This One Huge Expense
Social Security will pay out around $1 trillion in benefits in 2020, sending money to around 65 million Americans.
Not every benefits recipient gets to keep all of their money, though. In fact, Social Security retirees will lose a collective $38.9 billion of it this year. Here's why.
Source Fool.com
