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Social Security Has an Immigration Problem


It's time to face the facts: The most-storied social program in U.S. history is in trouble.

Although Social Security has been paying out benefits to retired workers for more than 80 years, and the program is in absolutely no danger of going bankrupt, a number of ongoing demographic changes are threatening to disrupt the amount that the program will eventually be able to pay out. If nothing is done, the latest report from the Social Security Board of Trustees suggests that payout cuts of up to 24% may await retirees by 2035.

Image source: Getty Images.

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Source Fool.com


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