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GOBankingRates

Chris Adam

Here’s How Much More Would You Need to Save if Social Security Is Capped at $50K

Social Security The Committee for a Responsible Federal Budget Melanie Musson Taylor Kovar Federal Budget GOBankingRates

Ridofranz / iStock.com

What can be done as Social Security faces an uncertain future? One proposal is a $100,000-per-year cap for married couples and $50,000 for individuals.

Read Next: How Working Part Time in Retirement Can Quietly Change Your Social Security Benefits

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Top stories on inkl right now

Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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Kansas neighbour cut 133 trees, some 70 feet onto adjoining land; court upholds $6,500 award

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Germany’s former spy chief arrested over alleged treason: 2,000 classified documents at centre of probe

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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One subscription that gives you access to news from hundreds of sites

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