Tag: Reforms
Is Social Security Going Bankrupt?

Is Social Security Going Bankrupt?

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Are you worried about the future of Social Security and what it means for your retirement?

In this episode of Your Telecom Retirement, Dennis O’Keefe explores how Social Security works, demystifies common misconceptions, and provides a comprehensive look at what it means for the system to go “bankrupt.” 

You’ll learn about the historical context, the intricacies of the Social Security trust fund, and what potential changes Congress might implement to ensure the program’s longevity. 

Dennis discusses: 

  • The origins and evolution of Social Security from its inception in 1935
  • The real meaning of Social Security “going bankrupt” and its impact
  • Detailed analysis of the Social Security Trust Fund and its role
  • Potential future reforms and their consequences 
  • And more!

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We believe the information presented to be reliable but is not guaranteed as to its accuracy or completeness. All examples are hypothetical and for illustrative purposes only. Any opinions or statements by third parties are their own and may not be representative of the experience of others or indicative of future investment performance or success. No compensation has been exchanged for any testimonials, endorsements, and/or recognitions.