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Social Security’s Solvency Dilemma–There’s Plenty of Worry to Go Around
Rumors surrounding Social Security’s demise are overstated, and the many untruths about why the program is in trouble (no, politicians did not steal the money) aren’t helping people get a grasp of the real problem. So, here to help, is a post by Michelle Singletary today on the Washington Post that may put some of the issues in a clearer perspective. Ms. Singletary’s article provides a brief review of how Social Security is funded and how the financial solvency is projected to unfold, and includes thoughts on the potential impact on seniors and younger folks in the absence of corrective action by Congress. Check her post out here…