Dual-income couples face benefit cuts
This is a news story, published by Yahoo Finance, that relates primarily to Social Security news.
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Social Security fundsBenzinga
•Report Warns of $16,500 Annual Social Security Benefit Cut for Dual-Income Couples by 2033
75% Informative
Dual-income couples could see their Social Security benefits slashed by up to $16,500 annually starting in 2033 .
Without significant changes, many retirees face a steep drop in their monthly checks.
The Social Security Administration wrote a letter to the Senate urging action on the projected depletion of the Federal Old Age and Survivors Insurance (OASI) Trust Fund.
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