Thursday, August 1, 2024

Top Five Myths About Social Security

    Michelle Singletary at the Washington Post writes about these top five myths about Social Security:

  • Myth No. 1: Social Security is, or will be, ‘bankrupt’

  • Myth No. 2: Young adults won’t benefit from Social Security

  • Myth No. 3: A shortfall makes collecting early a wiser move

  • Myth No. 4: The federal government has raided the Social Security Trust Fund

  • Myth No. 5: Members of Congress don’t pay Social Security taxes

    Four of these five myths share something in common. They're spread by opponents of the existence of Social Security.

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