Social Security And Recessions: Study Shows How COVID-19 May Impact Your Benefits
It was already projected that Social Security would begin to tap its trust fund to pay for benefits starting in 2020. That was before the coronavirus. How will a recession impact the funding of future Social Security benefits? The COVID-19 pandemic has affected every aspect of our daily life, and the Social Security trust fund is not immune.
To understand the issue, consider how the benefits are…
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