REPORT: Retirees Could Be Facing 21% Benefit CUT In 2035
Senior citizens earned on their benefit payments. The projections for the Social Security Trust Funds are a warning.
Senior citizens earned on their benefit payments. The projections for the Social Security Trust Funds are a warning.
Many retirees find themselves needing to earn more to supplement their benefits. However, with rapid inflation and static income threshold, how are retirees expected to live financially secure?
Even though tax season is over, many tax returns are still pending. In fact, nearly 35 million remain unprocessed and the wait is not over.
The backlog of important documents to be processed at SSA offices throughout the nation is affecting current and eligible retirees.
With the rapidly rising inflation seen this year, senior citizens need every penny from their benefit payments—so why are governments taking it away?