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Worried About Social Security Cuts? Here's 1 Thing You Don't Want to Do.

Don't let fear drive you toward a bad decision.

Worried About Social Security Cuts? Here's 1 Thing You Don't Want to Do.

Published August 22, 2026 · Category: Finance

Overview

If your retirement income plan depends heavily on Social Security, the latest news on the program's finances may be throwing you for a loop. The Social Security Board of Trustees recently reported that the program may have to cut benefits by 22% in just a few years if Congress doesn't manage to intervene.

Thankfully, lawmakers have always managed to prevent Social Security cuts in the past. And there's a good chance they'll end up staving off cuts this time around, too.

Image source: Getty Images.

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Originally published at www.fool.com.

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