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Friday, June 14, 2024

Potential $17,000 Social Security cut would catch most couples by surprise, survey finds

Millions of Americans could see their Social Security benefits cut in just nine years, and according to a recent report, most people have no idea. 

A new Peter G. Peterson Foundation survey found that only 30% of Americans knew that Social Security benefits would be slashed by 21% in nine years if there were no reforms.