Social Security Report

How Social Security Program is Funded and How Much The Average Worker will Owe in 2018

Even with $2.89 trillion in asset reserves as of the end of September 2017, Social Security Board of Trustees predict that Social Security’s Trust will begin paying out more in benefits than it’s collecting in revenue by 2022. However, due to how Social Security is funded ensures that the program can never go bankrupt. In Sean Williams’ column, he reviews how Social Security is funded and what the average American worker will owe in 2018. Read article here…

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