Tag: trust fund depletion
75-year deficit remains, exhaustion of trust fund isn’t far away. The 2017 Social Security Trustees Report repeats the drumbeat that the program faces a deficit equal to 2.83 percent of payroll over the next 75 years and that its trust fund is scheduled for exhaustion in the early 2030s. The 75-year deficit is t…
The brief’s key findings are: One option for helping address Social Security’s long-term financial health is to shift a portion of its trust fund reserves into equities. Of course, equities would expose the program to greater financial risk. However, in terms of financial risk, both retrospective and prospective analyses suggest that equities would improve Socia…