Tag: Social Security
The brief’s key findings are: The 2018 Trustees Report shows virtually no change: Social Security’s 75-year deficit ticked up from 2.83 percent to 2.84 percent of payroll. Trust fund exhaustion is still 2034, after which payroll taxes still cover about three quarters of promised benefits. This shortfall is manageable, but action should be taken soon to…
The brief’s key findings are: Many policy experts support targeted changes to Social Security benefits for vulnerable groups, such as caregivers, widows, the very old, and low earners Several of these changes have been endorsed by bipartisan groups, which indicates the potential for widespread support. Such changes, by themselves, would raise Social Security’s long-term deficit. But if…
