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VIDEO: Where Does Social Security’s Money Come From?

rolled up money
Image by NikolayFrolochkin from Pixabay

There’s been a lot of talk lately about Social Security going broke. While that’s not true, it is in danger of depleting its reserves. This would mean a cut in benefits for recipients. You may be wondering why your benefits could be cut since you paid your full share while working. To help explain why, AARP has put out a great little video explaining how Social Security is funded and why its trust fund is now facing insolvency.

The Seniors Trust has a plan to help shore up Social Security reserves. It wants lawmakers to pass the Social Security Expansion Act. This landmark piece of legislature will secure Social Security’s future and provide bigger benefits to retirees. Who could say “No” to that? You can show your support by signing our petition to Congress.