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Home.forex news reportSocial Security Warning as Retirees Face $16,500 Cut

Social Security Warning as Retirees Face $16,500 Cut

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Retirees could face thousands of dollars in cuts to their Social Security benefits if the fund becomes insolvent, the Committee for a Responsible Federal Budget (CFRB) warned.
The Social Security Old-Age and Survivors Insurance (OASDI) trust fund is projected to be insolvent by 2033. Currently,…



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