A policy group proposed a $100K annual cap for couples retiring at normal retirement age, with a $50K limit for single retirees.
The cap would be adjusted for inflation, retirement age, and marital status, producing small immediate savings that grow over time for trust funds.
Modeling suggests inflation indexing could close one-fifth of the solvency gap, while other indexing options could close one-quarter to one-half of it.
Projected 10-yr savings range from $100B to $190B, depending on whether the cap is inflation-indexed, fixed, or wage-indexed later under modeled options.
Experts say few retirees would be affected today, so planning should stress-test lower benefits while building savings beyond federal checks where possible.
$100K Federal Benefit Cap Explained
