Tag: Social Security Trustees Report
Releasing the Social Security Trustees Report a couple of months later than usual always raises the intriguing question that it might include some titillating new information. For better or worse, the 2025 Trustees Report is standard fare. It confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year…
Most is due to change in the program’s 75-year horizon. The 2024 Social Security Trustees Report showed a 75-year deficit of 3.50 percent of taxable payrolls compared to a surplus of .02 percent in 1983. While the increase in the deficit over the last 41 years is large, two-thirds of the increase was totally predictab…
