This spells major disaster for Social Security
In this video, we are discussing some recent announcements and reports that were released and spells a major disaster for Social Security. This is something we’ve been hearing about for many years, however this is a situation that is playing out right now that could have huge implications for the Social Security program over the coming years. Social Security sent out monthly benefits to millions and millions of beneficiaries through Social Security retirement, Social Security disability, Social Security survivors benefits And of course supplemental security income however these are not technically Social Security benefits. These also represent Social Security, SSDI, SSI and other low income benefits administered by the Social Security administration. In this video we are concerned about the Social Security trust fund which is depleting as it is paying out more money each and every month versus what it is actually bringing in through Social Security payroll taxes. As a result of some recent information released, we’re laying out all the details and how this could be a major disaster for Social Security over the coming years. This is a social security update, SSDI Update, SSI update, low income benefit update.
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