Trump Social Security Cuts Will Result in New Burden for Millions - Alaska Native News

I visited a retirement home to have a conversation with older Americans about the economy. They were scared.

Benjamin Meyer, Judy Perlman, and Bob Katz each said they're worried about their retirement savings.Alice Tecotzky/Business InsiderI went to a retirement home to have a conversation with residents about DOGE's changes at the Social Security Administration.Even those with few expenses are carefully watching the monthly checks and their 401Ks.Residents said extra savings won't last forever and they're "more fearful" than they've been before.On Thu…

Trump Social Security Cuts Will Result in New Burden for Millions - Alaska Native News

“When people can’t get their benefits for any reason, that is a benefit cut,” said one advocate A new analysis out Friday makes the case that cuts proposed by the Trump administration to Social Security operations nationwide will create a “significant new burden” for millions of people, particularly “those who live in rural areas or have transportation […]

'So they can rob it': Trump Social Security cuts will result in a new burden for millions

A new analysis out Friday makes the case that cuts proposed by the Trump administration to Social Security operations nationwide will create a "significant new burden" for millions of people, particularly "those who live in rural areas or have transportation or mobility difficulties."Those who collect Social Security benefits will no longer be able to update their direct deposit banking information solely by phone. Instead of verifying their ide…