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Coronavirus Pandemic Could Lead to Social Security Cuts Happening Sooner Than You Think

Thursday, July 23, 2020 7:00 PM | Heather Rabinowitz (Administrator)

Katie Brockman The Motley Fool  July 16, 2020
COVID-19 Could Wreak Havoc on the Future of Social Security

Social Security benefits are a major source of income for millions of retirees, with around one in five married couples depending on their benefits for at least 90% of their income in retirement, according to the Social Security Administration (SSA).

However, you may not be able to rely on your monthly checks as much as you think in the future. While the program is not going bankrupt or on the verge of collapse, benefit cuts are on the table. And there are a few signs those cuts could occur sooner than expected...   READ MORE

   

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