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Why the Next Social Security Crisis Could Be Just a Year Away
Most Americans know that the Social Security system faces some long-term financial troubles, as a rising population of retirees relies on ever-fewer workers paying the taxes that finance their benefits. Yet most people focus on the retirement portion of Social Security, which has enough money remaining in its trust fund to cover shortfalls between tax revenue received and monthly benefits paid until 2033. But there’s an aspect of Social Security that many people rarely think about…Read More…
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