Even if you aren’t retired, you likely know the basics about Social Security. But those who look closer at the state of the program share a common worry.
The typical concern about Social Security boils down to one question — “Will it be there for me?”
As of now, the program has funds to pay benefits in full through approximately 2035. The main issue now is that the program pays out more than it takes in. Either benefit cuts or revenue increases, or a combination of both, are required to keep the program going.
While it’s likely that policymakers will make changes to save Social Security, Americans deserve certainty — they need clear answers and full payments in the amount they deserve.