Reported about 21 hours ago
The article discusses how President Trump's administration may influence Social Security benefits for retirees. While Trump has promised not to cut benefits or raise the retirement age, his proposals could lead to significant funding shortfalls, resulting in potential benefit cuts by 33% by 2035. Additionally, tax implications on benefits may affect a substantial portion of retirees, urging the importance of financial planning and diversifying investments to mitigate risks associated with market volatility and changes in policy.
Source: YAHOO