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How Safe Is Social Security?


How Safe Is Social Security?

There are several myths going around about the safety of Social Security, or, more specifically, the lack thereof. For example, have you heard that Social Security is broke, or that the government raided the Social Security trust funds?

Fortunately, these aren't accurate, but there is still legitimate cause for concern about Social Security's future. Here's the good news and bad news about Social Security's financial condition, and whether Social Security benefits are safe or are at risk of being cut.

Social Security is an important source of retirement income for millions of American seniors. Image source: Getty Images.

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Source: Fool.com


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