What Everyone Gets Wrong About the Future of Social Security
Social Security is burning through its reserves, but things aren't as bad as you might think.
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Social Security is burning through its reserves, but things aren't as bad as you might think.
A reformed Social Security with personal retirement accounts can domuch more than reducing the program's coming fiscal problems. Itwould also allow workers to build family nest eggs; give workersgreater asset control; strengthen communities' economic base; yielda higher rate of return; and allow workers benefit ownership.
PODCAST: Is a Fix Coming Soon for Social Security? Kiplinger 1/12/2021 Subscribe FREE wherever you listen: David Muhlbaum: While Social Security won’t ever go broke – and we’ll explain why that is – it faces real funding problems, and the pandemic hasn’t helped things. Catherine Siskos, the editor of Kiplinger’s Retirement Report, joins us to talk about potential fixes and what they mean for your benefits and taxes. We also look into the latest version of buy now, pay later plans, and what to do with an old pair of shoes. Popular Searches David Muhlbaum: Welcome to Your Money...