Scott Bessent Recommends Social Security Cut Benefits “by 30.3%” for New Retirees as Trust Fund Collapse Accelerates (24/7 Wall St.)

June 26, 2026

MICHAEL WILLIAMS

Scott Bessent Recommends Social Security Cut Benefits “by 30.3%” for New Retirees as Trust Fund Collapse Accelerates

24/7 Wall St.

Claiming at 62 instead of 67 cuts monthly benefits by 30%, losing ~$8,700 yearly for life, vs. hypothetica...