Sunday, April 26, 2020

What is the limitations of Social Security?

Craig Virani: Due to the fact that as our population gets older, we are having more people collecting benefits and fewer people paying into social security, it is guaranteed that social security taxes will go up and benefits will go down. When social security has a surplus, the extra money is "loaned" to the treasury to be repaid as the social security benefits outpace income....Show more

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