Means testing has been discussed. I wouldn’t rule that out in the future. Just my opinion.
For years there have been suggestions and/or solutions discussed, here and everywhere else. To date, nothing!
We are currently seven years out from a consensus date as to when the program will cease to be solvent. Currently the projections are 24% cuts across the board at that point. Again, the 4th quarter of 2032.
Individuals that are approaching retirement or in retirement but delaying filing, this can be frustrating. How do you plan? You don’t have any insight into what the system will be like in a few short years. It’s ridiculous. Do you file early, wait, whatever. When you file to start, you’re locked in.