Lawmakers Are Proposing a Delayed Full Retirement Age for Social Security. Here's Why That's Not Such a Bad Thing.
Lawmakers Are Proposing a Delayed Full Retirement Age for Social Security. Here's Why That's Not Such a Bad Thing.
Social Security is not in the best financial shape. In the coming years, as baby boomers exit the workforce in droves, the program will see its payroll tax revenue shrink. That's a problem, since
The financial situation of Social Security is not ideal. The program's payroll tax revenue will decrease in the upcoming years as a large number of baby boomers leave the workforce. That is problematic because that is the main source of funding for Social Security.
Edited by Tap Road 1 day ago
Edited by Tap Road 1 day ago
You’re right. The Social Security faces real challenges, and careful planning will be crucial to maintain benefits as trust funds deplete.
Edited by Stickman Clash 1 day ago
Edited by Stickman Clash 1 day ago
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