In a bold move, former President Donald Trump proposed the creation of a sovereign wealth fund, sparking debate over its potential impact on Social Security.

On his first day back in the White House, Trump signed an executive order directing the Treasury secretary and commerce secretary to come up with a plan to create a sovereign wealth fund. And he gave them 90 days to finish the task.

There are many retired Americans today who get a good chunk of their income from Social Security. But unfortunately, they don’t necessarily get to keep those benefits in full. That’s because laws created decades ago have made it so that Social Security benefits are subject to federal taxes (and there are even some states that

Many retirees are watching how the Trump administration approaches Social Security policy. President Trump has vowed to reduce spending to try and get the federal deficit in check. Social Security is the highest-cost program for the government each year,