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Experts explored whatimpact Musk could have on the nations retirement safety net.
This elicited concerns from Democratic lawmakers that he intends to gut it or change it unfairly.
If thats so, its unclear what those changes will be as of yet.
Angelo Crocco, CPA and owner ofAC Accounting, agreed.
Adam Garcia, founder ofTheStockDork.com, believes that younger workers and future retirees could see the most significant changes.
While current beneficiaries are unlikely to see immediate disruptions, future Social Security contributors may, Garcia said.
He pointed out that market shifts can cause ripple effects that influence societal perceptions.
Any adjustments to the system would require extensive legislative action and bipartisan support, making swift changes unlikely.
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