Will Tim Walz Change Social Security? Learn about Vice Presidental candidate Tim Walz's potential changes to Social Security and how it might affect your checks and benefits. Get insights into his history, proposals, and broader political views and stance, and what this means for your future financial security.
In today's update, you'll learn about Tim Walz's and Kamala Harris's potential impact on Social Security, including his history and proposals as Governor of Minnesota and vice-presidential candidate. Understand the possible changes to Social Security taxes, the risk of insolvency by the mid-2030s, and how higher taxes on wealthy Americans could secure funding. Gain insights into Walz's commitment to fully fund Social Security without cutting benefits, the Social Security system (SSA), including for retirement, SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits, his broader political stance on issues like abortion and marijuana, and how his policies might affect your future benefits. Stay informed about the candidates' stances and what these potential changes mean for your retirement security.
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Money Instructor does not provide tax, legal, or financial advice. This content is for educational purposes only and not meant as professional advice. Consult your own advisors for specific guidance. While the information provided has been researched and vetted, it may not reflect the most current legal or financial developments. Viewers are encouraged to verify the currency of the information, especially before making any significant financial or legal decisions.
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