23 Mar 2025 1:50 pm
Good day FM.. Good to see you.Fuelman » 9 minutes ago » wrote: ↑ The SS Trust fund only makes about $70 million in interest on those securities, ( 2.3% average) ,where do you think the other $1.5 trillion comes from?
Sure, your payroll taxes are deposited into those government bonds and then the majority of those funds are paid out the next month to someone actually receiving SS.
Bottom line, it's not the same dollar.
I sense SS is approaching insolvency if not there already despite the declaration by Team radical leftist zombie otherwise.. You seem to have some knowledge. Could you share your prediction or insight concerning the future of the program? Fortunately I have developed work skills that can make money on my death bed. I see no retirement in my future due to some bad life choices and will be among the tens of millions working to the grave. It sure looks like there won't be any benefit for me in 10 years.