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What is the problem with Social Security in the future?

Sagot :

According to the recent 2022 Social Security Trustees report, retirees will begin receiving a reduced benefit in 2034 if Congress does not address the social program's funding issues.

In other words, while Social Security will continue to exist after 2034, retirees will only receive 77% of their full benefit beginning in 2034.

Social Security benefits are an important source of income for millions of retirees, so it's important to learn everything you can about the program.

There are some Social Security myths that could jeopardize your retirement plans, and one thing that many people get wrong about the program's future especially when it comes to benefit cuts.

To learn more about Social Security, please refer:

https://brainly.com/question/18268724

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