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Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60034  
Subject: Re: Early retirements strain Social Security sys Date: 9/30/2009 12:06 PM
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<<Even though it would be political suicide for congress to reduce benefits. They may do so.
>>


Congress has reduced benefits many times in many ways. Currently benefits are being reduced as the normal retirement age increases from age 65 to 67 --- eliminating up to two years of benefits for everyone.

And Social Security benefits are increasingly subject to income taxes, another benefit cut.

There are lots more examples in the history of the program.



Seattle Pioneer
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