Bibliographic Details
Title: |
Social Security: The Trust Funds: Financing Social Security. |
Source: |
Congressional Digest. Feb2025, Vol. 104 Issue 2, p7-12. 6p. |
Subjects: |
SOCIAL security, TRUSTS & trustees, PAYROLLS, INCOME, GOVERNMENT securities |
Abstract: |
The article focuses on the financing and operations of the Social Security trust funds, using data from the 2024 Annual Report of the Board of Trustees to assess the program's long-term financial health. Topics include how Social Security is funded through payroll taxes and other income sources, the projected solvency of the trust funds through 2098, and the role of U.S. government securities in managing surplus revenues and paying benefits. |
Database: |
MAS Ultra - School Edition |