A new proposal out of Washington is putting fresh pressure on the future of Social Security- and it could impact how much some retirees receive. In this episode, Liz breaks down what’s being proposed, who it might affect, and why it’s sparking debate. While nothing is finalized, the conversation highlights a bigger issue: Social Security is likely to change. The real question is how prepared your retirement plan is if it does.

Here’s some of what we discuss in today’s show:

• A new proposal could cap Social Security benefits for higher earners
• The debate: fairness vs. earned benefits 
• Only a small percentage impacted today but that could grow
• Social Security has changed before and will likely change again
• Having a backup income strategy is critical for retirement security

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