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The program was established to provide a financial safety net forretiredworkers over age 64.
As of December 2023, an estimated 67 million Americans received Social Security.
For some Americans, Social Security is their main source of income.
For others, its merely a supplement to cover any financial gaps from other sources.
While any changes can take time to implement, it doesnt hurt to be prepared.
These are the results, as well askey changes that could be coming to the program.
Which Presidential Candidate Could Best Protect Social Security?
However, responses were further broken down by gender.
Responses were further broken down by age range.
Whose Proposals Better Align With Preserving the Program?
For this to change, thenext U.S. presidentlikely would have to make some serious changes.
Its hard to say with certainty whether Harris or Trump would do a better job of protecting Social Security.
Trump/Vance have proposed a platform better aligned with the operation of Social Security, he said.
If the Social Security trust becomes insolvent, serious cutbacks are in store for retirees.
He also noted that Trumps proposals are more geared toward stalling the programs predicted insolvency.
However, asForbesreported, tax experts have criticized Trumps proposal.
Other policies could also potentially address the issue.
; (2) How much physical cash do you keep at home?
; (7) What red flag tips you off most about a potential scam?
; (8) How often do you worry whether your money is unprotected?
; (11) Have you ever been scammed while using one of these apps?
; (13) Have you ever paid for services to protect yourself from fraud/scams?
(If so, how much do you pay (monthly/annually?
); (14) How confident are you that your money is safe where it currently stands?
; (18) How much does yourfinancial situation impact your choice of candidate in the 2024 presidential election?
; and (20) How much of your retirement do you plan to fund with Social Security?.
GOBankingRates used PureSpectrums survey platform to conduct the poll.
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