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Social Security Solvency Issue: Status Quo?
The impending depletion of Social Security’s Trust Fund reserves is in the news a fair amount these days, and each passing year has steadily reduced the projected date at which the reserves would be fully exhausted. The Covid-19 pandemic, of course, created havoc in the workforce and has muddied up the projections a bit, so it’s often anyone’s guess about where the endpoint lies. In a post by Beth Braverman on planadvisor.com, the issue of what impact this turmoil has had on the program’s long-term financial picture is discussed, and you can read it here.