Could your Social Security income be slashed? $100,000 benefit cap plan sparks fears—here’s what Americans need to know

Some high-earning couples are now collecting Social Security benefits exceeding $100,000 per year. These payouts go to retirees who consistently paid the maximum into Social Security during their careers. The Committee for a Responsible Federal Budget warns that such high payouts could worsen the program’s long-term funding gap. Policymakers are considering a cap at $100,000 for married couples and $50,000 for individuals to improve Social Security solvency. Most retirees would not be affected. The cap targets only top earners.