If you keep an eye on the news, you might have read or heard scary headlines that the Social Security Trust Funds are projected to be exhausted in the year 2034, with the conclusion that Social Security will soon be bankrupt. While the first part of this sentence is true, the conclusion in the second part is not. Under current law, Social Security will never completely run out of money and will never be bankrupt.
To learn why, let’s dig into the details.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased