Tag: Social Security benefit
The brief’s key findings are: Some have advocated investing Social Security trust fund assets in equities. A similar proposal adopted by the railroads in 2001 suggests two key hurdles: political risk and financial risk. For political risk, the railroads created an independent trust; a better fit for Social Security might be to limit investments to…
The brief’s key findings are: The 2013 Trustees Report shows virtually no change from last year: Social Security’s deficit still about 2.7 percent of payroll. Deficit as a percent of GDP still less than 1 percent. Trust fund exhaustion still 2033, after which payroll taxes still cover about three quarters of promised benefits. While the shortfall is…
