Dear Rusty: I keep reading that the SSA will only be able to pay out 75% of benefits come 2033. If congress were to do nothing and this reduction in benefits occurred, would seniors already collecting benefits in 2033 have their benefits reduced or would it only be those who have not begun to collect have their future benefits reduced? I will be collecting my benefits no later than 2027 but my wife will not reach full retirement age until 2033 and we are looking for information on whether we need to adjust savings now to account for mine or my wife’s possible reduction in benefits.