Here's What a 23% Social Security Benefit Cut Would Do to the Average Check

We're now just six years away from a possible 23% Social Security benefit cut, unless the government acts to save it. That's an alarming statistic, but it's also a bit abstract. It doesn't give you a clear idea of how a cut like this would specifically affect your finances. Here's a closer look at how this change could affect the average Social Security benefit, along with why you probably don't have to worry about this worst-case scenario. Image source: Getty Images.

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