President Donald Trump Broke His Social Security Vow -- and It May Be the Best Thing That's Happened to Retirees

In May, Social Security retired-worker benefits made history. For the first time in the nine-decade history of the program, the average monthly check for retired workers topped $2,000.While this is a relatively modest monthly sum, Social Security income is indispensable for most retirees. National pollster Gallup has surveyed retirees annually for 24 years to gauge how important their monthly payout is from America's leading social program. In April 2025, a combined 86% responded that it represented a "major" or "minor" income source, which is in line with the 80% to 90% of respondents in prior surveys who have needed Social Security income, in some capacity, to make ends meet.Nothing bears more importance to retirees than knowing how much they'll receive each month from Social Security -- and arguably nothing excited these beneficiaries more than President Donald Trump's vow to remove the hated tax on the program's benefits.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool