According to CNBC, there is a new tool that will show beneficiaries how proposed benefit cuts would affect their benefits. The tool uses when the individual claimed Social Security to help compare the impact they may see if benefit reductions were put in place.

There is a need to solve the problems facing Social Security right now, but benefit cuts are not the way solution. Beneficiaries worked hard to earn the benefits they currently earn. And, as the article states, benefits are the cornerstone of retirement plans for many individuals.

It is important to note that these cuts are not a guarantee, according to the article. However, they should not even be a consideration. Senior Security Alliance will not stand for benefit cuts—that is why we created our Senior Citizens Bill of Rights.  The bill guarantees that no senior citizen’s benefits are cut again.

Act now and help us create a more financially secure future for all senior citizens.