Why Americans do not like these possible Social Security funding solutions - Yahoo!Finance
Yes, the Social Security Trust fund is in trouble; however, Social Security will not run out of money since current workers fund retiree beneficiaries. Although current workers pay into the program via payroll tax, the revenue will not be enough to pay full benefits after 2033. So, beginning in 2034, Social Security beneficiaries will see their benefits reduced by at least 25 percent. There are many proposed solutions being touted in the media and by policymakers, but how popular are they with the public? Sean Bryant discusses the results of a recent survey done by GOBankingRates on how people feel about which funding methods would help bolster the Social Security Trust funds. Read Mr. Bryant’s article here…
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