The Social Security program provides a monthly income to over 65 million retirees and people with disabilities. Many Americans have relied on the program since it was created by the New Deal in 1935, but young workers today fear whether the program will remain solvent for their retirement. Recently, the Social Security Administration’s annual report stated that it will not be able to pay the full amount of benefits by 2035.
To dive deeper into this topic, check out this Prolegis Briefing:
- https://www.prolegis.com/briefings/social-security-program-explainer
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