Proposed Social Security cuts could cause retirement turmoil
Baby boomers who haven't retired yet, as well as early Gen X-ers, are looking at Washington, DC, with some apprehension. The 176-member House Republican Study Committee (RSC) approved a fiscal blueprint in June 2023 to increase the full retirement age to 69 for those turning 62 in 2033. This measure, along with others, would reduce the number of Americans collecting Social Security…
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