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A Layman's Look at Social Security's Insolvency Problem - Marketplace.org
In a short (less-than-two-minute) video, Marketplace's Sabri Ben-Achour offers an easy-to-understand look at Social Security’s financial plight. It’s a frank, surface-level look at the current situation, absent any explanation of how the program got to this point. Ben-Achour offers some conjecture on steps Congress could take to resolve the problem, but presents them simply as examples of what Congress could consider when it takes a serious look at the issue.
For anyone new to the Social Security insolvency issue, watching the video is a reasonable investment of time. Certainly, to acquire a more complete understanding of the problem, how it developed, and the range of corrections that need to be considered to preserve and modernize Social Security for generations to come, the SocialSecurityReport.org site offers extensive topical coverage in its thousands of curated posts. If you have any questions about the insolvency issue, feel free to contact the AMAC Foundation Social Security Advisory Service.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.