Talk of The Villages Florida - View Single Post - Social Security cola statement
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Old 12-23-2024, 08:41 AM
SaucyJim SaucyJim is offline
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Quote:
Originally Posted by Topspinmo View Post
Does it list any of the add on benefits like SSI, disability, welfare any many more that may suck money out of SS? Which was originally a retirement fund only?
Social Security was never a retirement fund. It was an insurance program against outliving one’s savings/retirement. The age was not adjusted upward to reflect the extended lifespan, so it became unsustainable.