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SOCIAL SECURITY CONCERNS ARE RISING

123024 (FOX) A new report finds that Social Security recipients face a 21% cut when the Old-Age and Survivors Insurance Trust Fund, which allows the program to pay out full benefits to retirees, is on pace to be depleted in 2033 and will run dry. The size of the cut will vary for retirees based on their age, work history, and lifetime incomes.


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