Shoring Up Social Security
Shoring Up Social Security © Provided by Kiplinger For years, policymakers—and future beneficiaries—have been wringing their hands over the prospects for Social Security. And make no mistake: The program is headed for trouble. According to projections that the Social Security Board of Trustees released last April, starting in 2021 the program’s annual costs will exceed its income from employee and employer payroll taxes and interest earnings. Once the program turns that corner, Social Security will begin drawing down assets in its trust funds to continue providing full benefits. Large...
Source: msn.com