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Social Security’s insolvency timeline is accelerating, renewing pressure for fixes

·Source: GovExec — Pay & Benefits

A new assessment suggests Social Security’s financial shortfall could arrive sooner than previously projected, increasing the urgency for Congress to act. While the problem is longstanding, the menu of solutions remains familiar—benefit changes, revenue increases, or a combination—affecting retirement planning for current workers and retirees.

Read full story at GovExec — Pay & Benefits

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social-securitytrust-fundretirement-securityentitlementssolvency