Social Security Cuts Could Be Coming: 1 Simple Way to Protect Your Retirement
Social Security benefits are a lifeline for millions of older adults. In fact, nearly one-quarter of workers say they expect their monthly checks to be their primary source of income in retirement, according to a 2022 survey from the Transamerica Center for Retirement Studies.
However, the Social Security program is facing a cash shortfall, which means that benefit cuts could be on the horizon. While there's not much you can do to prevent potential cuts, you can take steps to protect your retirement income. And there's one simple move that could boost your monthly income by 24% or more.
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Source Fool.com
