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  Three on Thursday - The State of Social Security
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In this week’s “Three on Thursday,” we delve into the state of Social Security. Originating from the Social Security Act of 1935 as part of President Franklin D. Roosevelt’s New Deal, the program initially provided income to retired workers aged 65 or older. Since then, it has grown to include disability insurance, survivor benefits, and Supplemental Security Income (SSI), becoming a vital support for millions. However, recent projections indicate that Social Security is nearing insolvency, necessitating urgent reforms. 

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Posted on Thursday, May 16, 2024 @ 11:36 AM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
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