Social security myths and reasons why they're overblown - Milwaukee Journal Sentinel -Balanced Living News

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Social security myths and reasons why they're overblown

Milwaukee Journal Sentinel Jun 24 2018 Financial

Once again, there's dire news about Social Security. Its trustees claim in their 2018 report that they must tap the program's sacred "Trust Funds" to cover this year’s benefits. And they warn that the funds will be depleted by 2034, forcing steep benefit cuts, unless Congress fixes things. Scary.

And wrong. Most Social Security fears rest on myths. Here are four of the biggest – and the reasons why they're overblown.
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