How Much Money Does Social Security Generate From Investing? Here's What's Inside the $2.5 Trillion Trust Fund.
View original at nasdaq.comHow Much Money Does Social Security Generate From Investing? Here's What's Inside the $2.5 Trillion Trust Fund. Key Points Social Security is set to deplete its trust fund within the next seven years…
O que extraímos desta fonte
The claims Via News extracted from this document. We point to the source; we don't replace it.
Those hoping Social Security can simply invest its way out of the deficit will be sorely disappointed
60% confidenceCongress will need to enact significant reforms affecting tax rates, taxable income, full retirement age, and possibly cost-of-living adjustments to protect Social Security
60% confidenceThe longer Congress waits to act on Social Security reform, the more severe the changes will have to be
60% confidenceSocial Security is set to deplete its trust fund within the next seven years, before the end of 2032
60% confidenceEven a 100% allocation to equities wouldn't make up the deficit expected for Social Security
60% confidenceThe practical impact on Social Security's impending shortfall from investing in equities is negligible when considering conservative asset allocations and slow ramp up
60% confidenceThe income generated from Social Security investments has steadily declined over the last 15 years
60% confidence