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We May Be Only 10 Years Away From Social Security Cuts. Make These Moves to Prepare.


If you're worried that Social Security is in danger of disappearing completely, here's some reassuring news: The program is not on the verge of total collapse. In fact, Social Security gets the bulk of its funding from payroll taxes. So as long as we have an active labor force, the program can continue to pay benefits to some degree.

But in time, that degree may not be the same degree as it is today.

Image source: Getty Images.

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Source Fool.com


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