What a 26% Haircut for Wealthy Recipients Could Mean for Social Security

Features September 29, 2025 at 04:13 PM
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What You Need To Know

  • Recent research examines strategies for raising the full Social Security retirement age without making the program more regressive.
  • One means of doing so would be to raise the retirement age while also tweaking the benefit formula.
  • This strategy could close about half of Social Security’s funding gap but would be challenging to accomplish.
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