There's More Than 1 Way to Cut Social Security Benefits. 3 Ways Seniors Could Get Less in the Future.
Stay alert for potential cuts in all these different forms.
Overview
It's been in the headlines for weeks now: Social Security is just six years away from a devastating 22% benefit cut, unless the government intervenes. Politicians on both sides of the aisle agree that this is a serious issue that needs fixing, but so far, they haven't been able to put together a plan that a majority can agree upon.
The goal is to avoid a drastic benefit cut, but ironically, some of the possible fixes could act as benefit cuts as well. Here are three ways seniors could get less from Social Security in the future than they do today.
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Details
Source
Originally published at www.fool.com.
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