https://www.live-feeds.com/feed/fidelity-puts-a-price-on-a-social-security-benefit-cutContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fidelity-puts-a-price-on-a-social-security-benefit-cuthttps://www.live-feeds.com/feed/fidelity-puts-a-price-on-a-social-security-benefit-cut#u131197Sun, 18 Oct 2026 08:36:49 +0000Retirees face potential benefit cuts of 22 percent in 2032, according to recent financial warnings, even as average monthly payments prepare to see a 3.6 percent cost-of-living adjustment boost in 2027 that will raise average monthly payments by about $75. Financial institutions like Fidelity are actively calculating the monetary impact of these impending reductions on retirement income. As discussions continue regarding how to manage the system shortfall, retirees across different income brackets rely heavily on these funds while politicians largely avoid addressing the looming crisis.Why it