Social Security and Medicare Boards of Trustees A MESSAGE TO THE PUBLIC: Each year the Trustees of the Social Security and Medicare trust funds report on the current and projected financial status of the two programs. The reports include extensive information about these important social insurance programs and careful analysis of their outlook. We believe they fully and … [Read more...] about Summary of 2020 Annual Report
Social Security Vulnerability – How Serious are the Issues?
The facts and figures associated with Social Security funding are stark – Social Security is running out of money. Lack of proper funding for aging demographics has created a capital imbalance which must be addressed. Today’s 56 million recipients currently receive $3 in benefits for every dollar they paid into the system. By 2034, it is expected that payments will be reduced … [Read more...] about Social Security Vulnerability – How Serious are the Issues?