Thursday, January 27, 2011

Social Security In The Red

It wasn't supposed to happen this soon. In 2010 the Social Security Trust Fund went in to the red, but it was expected to return to the black until 2016. It is now being reported that it will stay in the red and will go bankrupt by 2037. This year alone, it is expected to run a $45 billion deficit.

Don't count on Social Security to be there when you need it.

No comments:

Post a Comment