Millions of Seniors Could Lose More Than 22% of Their Social Security Check, Unless They Do This
Kevin Explains
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Millions of Seniors Could Lose More Than 22% of Their Social Security Check, Unless They Do This
37 476 просмотров · 2 недели назад
Kevin Explains
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37 476 просмотров · 2 недели назад
https://kevinexplains.shop
You have heard Social Security could be cut by 22%. Last month the Congressional Budget Office put it at 26%. And neither number is what would actually leave your bank account. Your Medicare premium is not part of the cut, so the deposit falls further than the check. For a widow, the drop can come close to half. This video builds your real number step by step, shows the second trust fund running short just months later, and covers what careful people are doing about it.
What You'll Learn
Why the deposit in your bank falls by more than 22%
How the cut stacks on top of the survivor drop when a spouse dies
Why next week's cost of living raise does not protect you
Which income is outside this trust fund, and which help programs a cut would reopen
The Medicare hospital fund that runs short in 2033
What the cut is worth in dollars of savings
The free dinner seminar move that cost one retiree $17,000
TIPS, I bonds, survivor claiming rules and impostor calls
The PROMISE Act, the November 3 election, and one question to ask every candidate
Questions about your own situation, or business and collaboration inquiries: kevinexplainsofficial@gmail.com
CHAPTERS
0:00 The warning on your old statement
1:26 Before we start
2:10 22% or 26%: what the trustees and CBO say
2:57 The cut does not stay where it starts
3:29 Why your statement showed a gentler number
4:09 Step 1: Your deposit, not your check
5:40 The Medicare premium keeps rising
6:21 Step 2: When two checks become one
7:04 Leola's story
8:53 Step 3: The October 14 raise and the December letter
10:22 What moves the depletion date
11:13 Step 4: Income that is not in this fund
12:11 The help programs a cut would reopen
13:00 Step 5: The Medicare hospital fund clock
14:23 The cut in dollars of savings
15:42 Burl's $17,000 steak dinner
17:56 What careful people with savings do
19:57 What not to do, and impostor calls
20:53 What the first month would look like
21:35 What Washington is doing
22:10 The one question before November 3
23:22 Your five line page
24:54 Where I come down
25:57 Final word
This video is for education only and is not financial, tax or legal advice. Projections, rules and amounts change, so check your own situation with a qualified professional. Leola and Burl are composite characters, with names and details changed to protect privacy.
Verified Sources
2026 Social Security Trustees Report: https://www.ssa.gov/oact/tr/2026/II_A...
2026 Medicare Trustees Report: https://www.cms.gov/oact/tr/2026
CRFB, 2026 Trustees reports: https://www.crfb.org/blogs/social-sec...
CRFB, CBO projects Social Security nearing insolvency: https://www.crfb.org/blogs/cbo-projec...
CRS, The Social Security Statement: https://www.everycrsreport.com/report...
2027 COLA, Part B premium and average benefit: https://247wallst.com/personal-financ...
PROMISE Act fact sheet: https://bpcaction.org/fact-sheet-the-...
SEC, free lunch seminar examinations: https://www.sec.gov/newsroom/press-re...
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