The 5 Biggest Takeaways From 2022's Social Security Trustees Report
Social Security has played a vital role in financing retirement for decades, but the program is in financial peril. The trust funds that hold reserves for future Social Security benefits don't have enough money to cover the demographic wave of older Americans claiming benefits indefinitely into the future.
Each year, the trustees who govern Social Security's trust funds write a report about the financial condition of the program. The 2022 Social Security Trustees Report is a whopping 275 pages long. But don't worry, because below, you'll find the five most important things the report told Americans about how Social Security looks.
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Source Fool.com
