Latest News
Social Security’s problems can be solved
Social Security has serious problems, but it can still be saved, in its present form, if the correct actions are taken. The government must make provisions for repaying the $2.7 trillion debt that it owes to the trust fund. Since 2010, Social Security has been unable to pay full benefits without borrowing a substantial amount of money from China or one of our other creditors. It cannot continue to do that indefinitely. The Social Security trust fund is empty. The money that is alleged to be in the trust fund has already been spent by the government for non-Social Security purposes…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.