Social Security Benefits May Drop by $300 – Expect the Change Sooner Than Expected
These projections have indicated that, by 2033, the Social Security Trust Fund will be depleted and further and current beneficiaries are in limbo. There are primarily two main pillars among which are the Old-Age and Survivors Insurance (OASI) Trust Fund, and the payroll taxes. However, the current payroll taxes can never cover all benefits provided. … Read more