Here are the changes that could be coming to your Social Security benefits

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Here are the changes that could be coming to your Social Security benefits
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Here are the changes that could be coming to your Social Security benefits.

if your combined income exceeds certain thresholds. This includes other income reported on tax returns, such as wages, self-employment, interest and dividends.

Lawmakers could change those terms in order to bring more money into the system, said Larry Kotlikoff, a professor of economics at Boston University and president of Economic Security Planning, a provider of financial planning tools. "The cumulative effect of 176 million people paying a tiny bit more would have a big impact," Shedden said.In 1983, Congress mandated that the full retirement age would gradually rise to 67 from 65, a change that is still being phased in today.

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