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

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