Could We Save Social Security by Changing How Its Trust Fund Is Invested?
Although Social Security is one of the most popular and successful entitlement programs in U.S. history, things aren't looking good for its future.
Sadly, the trust fund that is supposed to help pay out benefits to retired and disabled Americans is scheduled to run short in 2035 if no changes are made, necessitating a 21% across-the-board benefits cut.
There are solutions to change that, but most are painful and involve cutting benefits or raising taxes -- or both. But, there's another approach worth considering that could be a whole lot simpler and less politically painful -- although there are some risk to taking it.
Source Fool.com
