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Challenges for Social Security
Episode 73

Challenges for Social Security

Projections show that Social Security's trust funds will face challenges in 2034 in their ability to pay full benefits. Mo looks at the options to face those challenges including raising the payroll tax, an income donut hole, raising the full...

Asset Management Group, Inc · Andrew Nida & Moise Piram

October 8, 202140m 28s

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Show Notes

Projections show that Social Security's trust funds will face challenges in 2034 in their ability to pay full benefits.  Mo looks at the options to face those challenges including raising the payroll tax, an income donut hole, raising the full retirement age, or making changes to the percentage of Social Security benefits subject to taxation.

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Topics

taxesbenefitsfrasocialsecurity2034trustfundpayrolltaxdonuthole