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Saturday, June 18, 2011

postheadericon How to protect recipients from benefit cuts

For the past 75 years, Social Security has been a financial safety net for America’s seniors. The average Social Security benefit is only about $15,000 per year, but it is the main source of income for many senior citizens. The promise to current working age Americans is that working hard, paying taxes and contributing to Social Security will ensure the same retirement benefits in the years ahead. But automatic cuts to Social Security benefits are looming unless Congress acts soon.  

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