Submitted by rkelly2 t3_yfwlst in newhampshire
kepafo t1_iu723ib wrote
Reply to comment by Berneraccountbuddy in Can’t wait to no longer see this man by rkelly2
Nope. Hard NOPE. Social Security is funded and will remain so long after you're dead. People like you have been saying this every year for last 50 years that I am aware of and they continue to be wrong.
Berneraccountbuddy t1_iu76ajc wrote
"The White House Office of Management and Budget estimates that both trust funds will no longer be able to fully cover benefits with income and will need to use savings starting in 2020."
https://usafacts.org/articles/is-social-security-sustainable/
Berneraccountbuddy t1_iu75stv wrote
I mean, if you say so? It's a giant ponzi scheme. I'm not even 40 and I know there's no money coming to me.
dundees t1_iu8hqki wrote
Hopefully not
kepafo t1_iu8jxoy wrote
You don't know crap. Read the notice on the SS website. This is a fully funded program. People are sick of all the conspiracy, right wing, cry baby whining. It's tiring and a waste of all our energy that could be put towards the good.
Fast-Stand-9686 t1_iui8kbl wrote
"As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted"
After which benefits will have to be cut by 13% or federal payroll taxes raised by 14%. I lean more left but social security will look nothing like it does now by the time I get to see any of it. It won't run out but it will likely be severely diminished.
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