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Red Flags for Those Mapping Out Their Retirement Years
StarTribuneLink to more items from this source
[Opinion]
Apr. 7, 2015

"[T]he U.S. House Committee on Ways and Means is pursuing the reform of Social Security, using much the same rationale that was employed to cut benefits of private pension-plan participants -- that if changes are not made, retirees face drastic cuts. The committee states: 'Without action to address the fiscal and structural challenges facing Social Security, seniors will see a 23 percent cut to their benefits beginning in 2033. Action must be taken now to preserve the promise of Social Security for today's beneficiaries and future generations.' "

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