Here's what could happen to your benefits if Social Security runs out of money

Here's what could happen to your benefits if Social Security runs out of money

5,620 View

Publish Date:
5 September, 2021
Category:
CNBC
Video License
Standard License
Imported From:
Youtube

The Social Security Administration released new estimates in September 2021 of just how much the Covid-19 pandemic has impacted the program's already ailing trust funds. Major solutions to fix the Social Security shortfall will most likely need to come from increasing taxes or slashing benefits. Here's a breakdown of one scenario.

By: CNBC Television
Title: Here's what could happen to your benefits if Social Security runs out of money
Sourced From: www.youtube.com/watch?v=12skaIJrg2k


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