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Top StoriesMarketWatch2h ago

Raising taxes on investments, estates and benefits could keep Social Security from running out of money. Here’s who could pay the most.

Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.

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AI SUMMARY

# Social Security Insolvency Solutions Under Consideration Social Security faces insolvency within six years unless policymakers implement tax increases on investments, estates, and benefits—measures that would disproportionately impact higher-income earners and wealthy individuals while preserving the program's long-term solvency. Alternative solutions beyond traditional payroll tax increases are being evaluated by lawmakers to address the projected shortfall without placing additional burden on middle and lower-income workers who rely on the program.

Content sourced from MarketWatch. Not financial advice.