How Social Security Will (Probably) Get Fixed by 2034 скачать в хорошем качестве

How Social Security Will (Probably) Get Fixed by 2034

There is a lot of angst about what happens to Social Security as we approach 2034, the year where Social Security runs out of surplus funds if nothing is done ahead of time. This video, how Social Security (probably) gets fixed by 2034 outlines the seven tools politician and the SSA have at their fingertips to fix the 2034 Social Security issue and what the most likely course of action will be. 00:00 Introduction 01:45 Social Security Family Benefits Reduced 02:20 Regional Cost of Living Adjustment (COLA) 03:32 Primary Insurance Amount (PIA) Lower for Big Earners 04:07 Social Security Bend Point Calculation 05:05 Raise Full Retirement Age (FRA) to Age 68 06:06 Social Security Trust Engages in Private Investment 07:09 Increase Income Tax on Social Security 08:23 Option 7 FREE Retirement Ready Checklist: https://HolySchmidt.com/Checklist/ Holy Schmidt Book Club: https://holyschmidt.com/book-club/ Important Links: Follow Me on Instagram:   / the_schmidtlist   Geoff's Facebook Page   / geoffreymschmidt   Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econre... Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Social Security Payment Estimator https://www.ssa.gov/benefits/retireme... THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it?    • Should You Take Social Security at Age 62 ...   7 GOOD REASONS to File for Social Security Benefits at Age 62    • 7 GOOD REASONS to File for Social Security...   Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!?    • Average Retirement Savings by Age 60. Are ...   The BEST AGE to File for Social Security Retirement Benefits    • The BEST AGE to File for Social Security R...   3 Social Security "Little Known Facts" That Are REALLY Important    • 3 Social Security "Little Known Facts" Tha...   Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.