Social Security Old Age, Retirement and Disability Trust Funds are solvent

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Lifestyle

For those that have always worried about the hype that "Social Security will not be around when I need it", the following Press Release from The Social Security Administration debunks that myth.

Press Release | Press Office | SSA

 

Further, I found a great article from Center on Budget and Policy Priorities July of 2022, that explains how the trusts are funded and spent. 

https://www.cbpp.org/research/social-security/understanding-the-social-security-trust-funds-0

 

Both should take less than 5 minutes each to read, and well worth your time if you are worried.

 

Cheers to a happier weekend now that you have the real information!

Comments

Ray Walcott

Happy to here this, thank you for the info Crysti.

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