Social Security Prediction: This Move by President Trump Could Hurt Retirees the Most
Social Security is a lifeline for millions of people. Close to 70 million Americans will receive a Social Security check in 2025, with benefits making up nearly one-third of the income of adults over age 65, according to the Social Security Administration.The Trump administration's slew of executive orders has affected countless Americans, including retirees and those on Social Security. Perhaps surprisingly, though, Trump's crackdown on immigration could have a direct impact on Social Security's trust funds -- and potentially result in benefit cuts for retirees down the road.Image source: Getty Images.Continue reading
Social Security is a lifeline for millions of people. Close to 70 million Americans will receive a Social Security check in 2025, with benefits making up nearly one-third of the income of adults over age 65, according to the Social Security Administration.
The Trump administration's slew of executive orders has affected countless Americans, including retirees and those on Social Security. Perhaps surprisingly, though, Trump's crackdown on immigration could have a direct impact on Social Security's trust funds -- and potentially result in benefit cuts for retirees down the road.
Image source: Getty Images.
