Cuts to Social Security Benefits Could Top $21,000 for High-Income Couples
Two-income couples could see their Social Security benefits slashed by up to $16,500 annually starting in 2033; for high-income couples, that number could top $21,000. A recent report from the non-partisan Committee for a Responsible Federal Budget (CRFB) calculates that if Congress doesn’t act soon to reform the system, retirees will only receive 79% of their benefits.
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