Episode Details

Social Security’s future hangs in the balance with a looming 22% benefit cut in just six years if no action is taken. Partisan gridlock stalls progress, but delaying fixes makes solutions more costly. Three paths exist: raise taxes, cut benefits, or do both—each hitting either retirees or workers. Acting now could mean a modest 4.25% tax hike, but waiting until 2034 could push it to nearly 5%. Inaction has real consequences—so speak up and plan ahead.

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