Trump’s second term brings changes to Social Security. Discover what his policies mean for your benefits.
If changes aren’t made, by 2033 Social Security’s funds could run out, leading to cuts of up to 21% in benefits for retirees.
Trump acknowledges reforming Social Security is challenging and could have political consequences.
In 2000 Trump proposed privatizing Social Security. While this didn’t progress he's shown flexibility and openness to reform.
Trump aims to make Social Security more efficient, with his first-term budget focusing on streamlining the program for billions in savings.
Trump suggested eliminating the tax on Social Security benefits, boosting retirees' income but costing the program $944 billion over 10 years.
Major reforms to Social Security will need bipartisan support. Without it, big changes are unlikely, as history has shown.
Learn more things about Donald Trump and Social Security!