4 Reasons Social Security Could Fail Tax-Paying Americans in the Next 5 Years
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Anxiety over the future of Social Security largely centers on the impending insolvency of the Old Age and Survivors Insurance (OASI) Trust Fund, which is expected to run out of money within the next decade. When that happens, Social Security will be solely dependent on payroll taxes that currently fund only 77% of benefits. But the program also has several threats that could impact it long before then.
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