Delay of Social Security Reform will Cost More in the End - 401K Specialist
By Brian Anderson on December 2, 2024for 401K Specialist
The Peterson Foundation projects waiting until the Social Security Trust Fund is depleted would mean payroll tax increases of benefit cuts about 1/5th higher than if Congress took care of this today.
The Peter G Peterson Foundation is a nonprofit, non partisan organization that works to increase public awareness of the urgency of fiscal matters threatening America’s future. They have released an updated report on November 27th explaining why waiting will be more costly. Read here…
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