Author Topic: Social Security Benefit Cuts In 2017 May Curb Trump's Plans  (Read 686 times)

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Offline mystery-ak

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Social Security Benefit Cuts In 2017 May Curb Trump's Plans
« on: December 30, 2016, 03:02:24 pm »


    JED GRAHAM
    12/29/2016



Social Security benefits will be cut at the start of 2017 for everyone who has yet to turn 62.

Those cuts will grow in each year to 2022, reaching 7% for everyone now 56 and under, as the official retirement age rises two months per year to 67.

Those benefit cuts are part of the daunting math for Social Security and the federal budget that could cause speed bumps for, or perhaps even curb, President-elect Donald Trump's big fiscal plans.

more
http://www.investors.com/politics/policy-analysis/social-security-benefit-cuts-hit-in-2017-may-slow-trump-plans/
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