
Time for Social Security reform…avoid the iceberg!
Last Wednesday (June 18), the Social Security Trustees released their annual report on the financial status of the program. The 2025 report projects that Social Security will become insolvent in 2033. Such insolvency means that the Social Security trust funds will not have enough money to pay promised benefits in full and on time. If this insolvency is not addressed, in 2033, retirees will face an automatic 23% benefit cut under the law. The problem will continue to get worse as more and more baby boomers like me continue to

