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A 22% Social Security Cut Hits Retirees in New Jersey Hardest: $6,040 a Year, Starting in 2032

The trustees said the retirement fund could pay only 78% of scheduled benefits unless Congress acts.

Summary by 24/7 Wall St.
New Jersey retirees already face some of the steepest taxes in the country, but a looming Social Security shortfall could force a painful choice between staying in the Garden State and making ends meet.

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The Motley Fool broke the news in Alexandria, United States on Sunday, November 1, 2026.
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