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Trump's 50% Social Security Clawback Hits 1.5M Retirees

8/4/2025

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Summary

Story summary

Starting July 2025, the Trump administration's new Social Security garnishment policies will hit over 1.5 million retirees with a staggering 50% clawback rate. In response, many are turning to safer investments like defensive equities and inflation-protected bonds, all while grappling with worries about the program's sustainability and the urgent need for reliable income sources.

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Story summary

Starting July 2025, the Trump administration's new Social Security garnishment policies will hit over 1.5 million retirees with a staggering 50% clawback rate. In response, many are turning to safer investments like defensive equities and inflation-protected bonds, all while grappling with worries about the program's sustainability and the urgent need for reliable income sources.