Social Security's Impact on Retirees
This is a America news story, published by MSN, that relates primarily to Social Security news.
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Social Security strategy Donald TrumpThe Motley Fool
•President-Elect Donald Trump's Social Security Strategy Is Facing a No-Win Scenario
76% Informative
Social Security income is foundational to the financial well-being of most aging Americans .
For 40 consecutive years , the Trustees Report has pointed to a long-term funding obligation shortfall.
President-elect Trump might also choose to tackle Social Security reform when he takes office in January 2029 .
Taxation of benefits is expected to generate $943.9 billion in income for Social Security between 2024 and 2033 .
Amending the Social Security Act will require 60 votes in the upper house of Congress .
Changing Social Security will require bipartisan support, which has been hard to come by when it concerns America 's leading retirement program.
VR Score
77
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75
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23
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English
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