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2. Here’s the Timeline for Social Security Cuts — and What ...

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   Social Security has trust funds it can use to keep up with its benefit payments during this time. But the most recent Trustees report has the program's trust funds being emptied by 2035.

3. Social Security Cuts: 3 Ways To Prepare - AOL

   www.aol.com/finance/social-security-cuts-know...

   As early as 2033, Social Security benefits may be cut by as much as 23% without Congressional intervention. This is due to the way that Social Security is structured. Program rules require money ...

4. Social Security Cuts: Here Are 4 Ways Retirees Should ... - AOL

   www.aol.com/social-security-cuts-4-ways...

   Social Security analysts paint a grim picture of what will happen after the program's Old Age and Survivors Insurance (OASI) Trust Fund runs out of money in a decade or so. When that happens ...

5. Social Security debate in the United States - Wikipedia

   en.wikipedia.org/wiki/Social_Security_debate_in...

   The annual cost of Social Security benefits represented 4.0% of GDP in 2000 and 5.0% GDP in 2015. This is projected to increase gradually to 6.4% of GDP in 2035 and then decline to about 6.1% of GDP by 2055 and remain at about that level through 2086. [5]

6. Social Security Cuts Are on the Table: How a Drop in Benefits ...

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   The program’s Old Age and Survivors Insurance (OASI) Trust Fund is expected to run out of money as early as 2032 or 2033, after which Social Security will be solely reliant on payroll taxes for ...

7. National Commission on Fiscal Responsibility and Reform

   en.wikipedia.org/wiki/National_Commission_on...

   A report was released on December 1, [1] recommending a combination of spending cuts (including an increase in the Social Security retirement age and cuts to military, benefit, and domestic spending) and tax increases (including restricting or eliminating certain tax credits and deductions and increasing the federal gasoline tax). [3]

8. Social Security Cuts Could Be Coming. Should You Take ... - AOL

   www.aol.com/social-security-cuts-could-coming...

   Potential benefit cuts could slash your payments, but if Social Security isn't going to be a major source of income, filing early can help give you a jump-start on retirement.

9. Here's How Much Money Social Security Needs to Avoid Benefit ...

   www.aol.com/heres-much-money-social-security...

   It's been able to continue paying out benefits so far by relying upon Social Security's trust fund reserves, but those are running low. A recent Congressional Budget Office (CBO) report indicated ...