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If you receive more than $100,000 in Social Security, this plan proposes putting a cap on it

If you receive more than $100,000 in Social Security, this plan proposes putting a cap on it

AI Briefing

  • Policymakers seek to cap high-end Social Security benefits to address the program's financial sustainability.
  • The proposed cap would apply to individuals receiving more than $100,000 in annual benefits.
  • The goal is to prevent excessive benefits from depleting the program's trust funds.
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