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Social Security Shortfalls: June 2022 Update (Presented By: Craig Ferrantino, CWS®, CFF®)

July 28 @ 7:00 pm - 7:15 pm EDT

During the first week of June, the Social Security Administration released its annual Social Security Trustees report. This gives the status of the Social Security Trust Funds that pay for a proportion of the program’s benefits; the government has been stewarding them since the 1930’s. The latest report includes some concerning, if not surprising news: the fund may not last long beyond the next decade. While the trust funds are not the only source of Social Security benefits, their depletion would mean a significant reduction in the benefits that can be paid out.

Join this webinar to learn:
• How the trust fund works
• Why its reserves are depleting
• How this year’s Trustees Report compares to the past
• When the fund is expected to run out
• What the fund depletion would mean for retirees

Have a topic you want to learn more about or feel would be a good fit for a future webinar? Email jenna@craigjamesfianncial.com.

Social Security Shortfalls

7/28/20227:00pm EDT15 minutes
During the first week of June, the Social Security Administration released its annual Social Security Trustees report. This gives the status of the Social Security Trust Funds that pay for a proportion of the program’s benefits; the government has been stewarding them since the 1930’s. The latest report includes some concerning, if not surprising news: the fund may not last long beyond the next decade. While the trust funds are not the only source of Social Security benefits, their depletion would mean a significant reduction in the benefits that can be paid out.

Join this webinar to learn:
• How the trust fund works
• Why its reserves are depleting
• How this year’s Trustees Report compares to the past
• When the fund is expected to run out
• What the fund depletion would mean for retirees

Have a topic you want to learn more about or feel would be a good fit for a future webinar? Email jenna@craigjamesfinancial.com

Craig Ferrantino is a registered representative offering securities and advisory services through United Planners Financial Services member FINRA, SIPC. Craig James Financial Services and United Planners are not affiliated.

Material discussed is meant to provide general information and it is not to be construed as specific investment, tax or legal advice. Individual needs vary and require consideration of your unique objectives and financial situation.

Details

Date:
July 28
Time:
7:00 pm - 7:15 pm EDT

Registrations are closed for this event