Latest News
5 Facts About Social Security’s Finances
(By Emily Brandon, money.usnews.com)
Social Security’s annual checkup found significant problems with the finances of the disability insurance program, which only has enough revenue to pay out promised benefits until the fourth quarter of 2016. The annual report of the Board of Trustees of Social Security found that the retirement benefit program in on much firmer financial ground, with enough cash to make promised payments until 2035. Here’s how Social Security’s income compares to its expenses. Read more…
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.
