Will Donald Trump’s Plans Accelerate Social Security Challenges? Here’s What You Need to Know

Social Security

Social Security, a vital lifeline for millions of Americans, faces potential insolvency as early as FY 2034, according to the Congressional Budget Office (CBO). Without intervention, beneficiaries could endure a 23% cut in benefits, jeopardizing the financial security of retirees. Resolving this crisis demands difficult choices, such as reducing benefits by 24% across the board … Read more

Social Security Payment Delays in 2025 – What Retirees Need to Know to Prepare for Tough Times

Donald Trump

The Social Security Administration (SSA), a critical agency providing services to millions of Americans, is grappling with a severe funding crisis. After Congress failed to approve additional funding in September, the agency has been forced to implement a hiring freeze and is now facing its worst staffing crisis in 50 years. These budget shortfalls have … Read more