Dispelling the rumors - MorningStar
We have all seen those social media posts warning that Social Security benefits will cease to exist in 2035; they are false. What is true is that even if Congress does nothing about the insolvency issue, Social Security will still pay out benefits; however, it will be at a lower rate. The current Social Security Trustee report estimates the reduction in benefits will begin in 2036, and the reduction will be 17 percent. Mark Hulbert dispels the fear-mongering in the media. Read Mr. Hulbert’s article here…
The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.