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The Truth Behind Social Security Running Out For Baby Boomers

The Department of Education paused garnishments on Social Security for defaulted federal student loans in mid-2025 as a temporary measure to protect seniors' monthly income.

Summary
Key Points Many older Americans are worried that Social Security is running out of money. Though the program is not at risk of disappearing, baby boomers could be in for a huge reduction in benefits. Even though we’re a few years away from potential cuts, the time to start preparing is now. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. Se…

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247wallst.com broke the news in New York, United States on Wednesday, January 28, 2026.
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