When we think about programs like Social Security, the focus is often on being there for those in need. But with the current state of the economy, there are rumors and rumblings that some people may lose Social Security benefits.
Some say this rumor has been going around for decades. However, doubters of this concern should consider our extreme economic conditions. The situation many seniors and retirees find themselves in is difficult —so could they really lose their Social Security benefits?
A better question may be, is it fair for any senior to go without their Social Security benefits?
It’s a Real Possibility That Seniors Could Lose Social Security Benefits
With the ongoing economic issues, everyone is concerned about the future to some degree. Especially for those who are currently in the middle class, there are real fears. Issues like government debt and inflation cast doubt on the future reliability of Social Security.
It’s no secret that Americans lack faith in the program — and now some lawmakers are blatant in saying that seniors may have to take a cut in the future. This sounds like an admittedly big blow to seniors. However, some say this loss would only hit those who could manage it.
One school of thought says wealthy seniors could stand to lose benefits if it means prioritizing low-earners. However, anyone who has ever paid into Social Security has earned their money. Social Security isn’t a handout or a gift. If you paid in, you should be paid back!
Will You Help Us Make Sure All Seniors Are Treated Fairly?
There’s a debate about whether wealthy seniors should pay more in to support Social Security. Whatever your thoughts on that matter, the fact is that everyone who has paid into this program deserves to be treated fairly.
Will you help us make sure Social Security isn’t neglected for even one retiree or future retiree? Consider signing our petition here, then follow us on Facebook and Twitter for more retirement news.