Relevant:
- How the presidential candidates would change Social Security
- What Happened to the $2.6 Trillion Social Security Trust Fund?
- Scathing new report shows just how bankrupt Social Security really is
- Social Security and Medicare finances worsen
- Social Security loses no matter who wins the 2016 US presidential election
2019-08-02 — sovereignman.com
Ten years later, the Board of Trustees now projects that Social Security's primary trust fund will run out money in 2034.
That's five years earlier than they projected back in 2009. And it's only 15 years away....
Every worker who is legally employed in the United States currently pays roughly 15% of his/her wages each month to help fund Social Security and pay benefits to retirees.
But there are now so many people receiving Social Security benefits that all the payroll tax revenue is no longer enough.''
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