The Social Security Trust Fund Annual Report: Should We Be Worried?

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Many Americans get the bulk of their retirement income from Social Security, and the release of the Trust Fund Annual Report has become a spring ritual. Around this time every year there is a flurry of media coverage when the report is released. Will Social Security still be there? Is it going broke? Are we going to have to live on less money? Your clients are hearing all this. Understanding a few important concepts can help you deal with the concerns they may have.