What current, future retirees should know about potential Social Security shortfall

A fund that pays out retirement social security is expected to face depletion sooner than previously anticipated.

https://abcnews.com/GMA/News/current-future-retirees-potential-social-security-shortfall/story?id=133749799

#TopNews #News #SocialSecurity #ABCNews #SocialSecuritys

Social Security’s retirement trust fund faces a funding shortfall a year earlier than expected

Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected.

https://apnews.com/article/social-security-medicare-trust-fund-1132b34922cfb88742212ea4ac44b33a

#TopNews #News #SocialSecurity #SocialSecuritys #Medicare

Social Security’s retirement trust fund faces funding shortfall earlier than expected

Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected

https://abcnews.com/Business/wireStory/social-securitys-retirement-trust-fund-faces-funding-shortfall-133718428

#TopNews #News #SocialSecurity #Medicare #SocialSecuritys

One could argue that the shift from #pensions to #IRAs demands a strong stock market to safeguard retirements (given #SocialSecurity’s limitations), but I’ve yet to hear that argument from Congress. That silence is telling — this bill is a handout to the #donorclass. To the #oligarchy. 12/15