Latest News
Does the Social Security Trust Fund Really Exist?
In a memorable scene from the classic sitcom “Sanford and Son,” a legal predicament led Fred Sanford to consider hiring a man who was peddling cut-rate attorney services. When Sanford and the man met, the conversation that ensued went something like this:
Sanford: So, you’re a lawyer? Man: That depends on who you ask. Sanford: I’m asking you. Man: If you ask me, I’m a lawyer. Sanford: Then who says you’re not a lawyer? Man: The state of California. This exchange epitomizes the situation with the Social Security Trust Fund, because the legal and practical realities sometimes clash…Read More
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.