Social Security Broke? No. In Trouble? Yes.

Steve Vernon describes the fears about Social Security’s demise as unwarranted, given that the 2018 Trustees Report is essentially the same as the 2017 report.  But, of course, we are one year closer to that 2034 year of insolvency.  Still, he notes, three-quarters of benefits would still flow to all recipients.  He suggests what Congress could do in the mean time.  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.

Website by Geiger Computers