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The Social Security 2100 Act was recently introduced by the Social Security Subcommittee of the House Ways and Means Committee. The reinstatement follows the Social Security Administration's latest forecasts that the trust funds will deplete in 13 years. In this episode, Grant dives into the status of the Social Security Trust fund, some potential solutions to buffer its reserves, and his overall thoughts on the proposed bill. 💡 Learn the 5 simple steps to creating reliable retirement income. Get the FREE guide here: https://www.threeoakswealth.com/free-... Resources Social Security Board of Trustees: Combined Trust Funds Projected Depletion One Year Sooner Than Last Year: ssa.gov/news/press/releases/2021/#8-2021-2 Congress has a new plan to fix Social Security. How it would change benefits: cnbc.com/2021/10/26/social-security-what-a-new-plan-in-congress-would-mean-for-benefits.html 00:00 Introduction 04:35 Concept of Social Security Trust Fund 06:10 Time to Revise 09:54 Running out of Money 14:26 Raise the Retirement age 15:06 Increase Taxes 17:30 Adjust the Benefits 18:18 Social Security 2100 act 23:11 Investing in US Government Bonds