I hope this is not too political, but it highlights a potential major impact to retirement planning that could happen this fall.
The Social Security 2100 Act Is a Bad Deal for Workers
"... H.R. 5723 adopts more than a dozen benefit increase provisions, but only for five years. Previous changes to Social Security have always been permanent because workers are supposed to be able to plan for how much to save to supplement their Social Security benefits in retirement. Temporary changes that introduce legislative uncertainty undermine that goal."
https://www.cato.org/blog/social-security-2100-act-bad-deal-workers
The Social Security 2100 Act Is a Bad Deal for Workers
"... H.R. 5723 adopts more than a dozen benefit increase provisions, but only for five years. Previous changes to Social Security have always been permanent because workers are supposed to be able to plan for how much to save to supplement their Social Security benefits in retirement. Temporary changes that introduce legislative uncertainty undermine that goal."
https://www.cato.org/blog/social-security-2100-act-bad-deal-workers
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