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There is plenty of concern about Social Security among current retirees.
The Social Security program is vital to many Americans who depend on it in retirement. However, the Social Security Trust Fund reserves are running out of money. When that happens, Social Security will only be able to pay about 80 percent of beneficiaries’ benefits. Are Americans worried about the prospective cuts? According to a recent survey, “61 percent of respondents said they expect Congress and the president to legislation that cuts Social Security benefits.” Vance Cariaga reports on the future of Social Security and what retirees can expect. Read Mr. Cariaga’s article here…
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