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Why You Will Be Getting Social Security After All

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Whether directly or indirectly, Social Security has likely touched your life or the life of someone you know. It’s more than likely, if you have a full-time job, a chunk of your paycheck goes toward Social Security. In 2023 nearly 70 million Americans will receive a Social Security benefit every month. It's a lifeline for millions of retirees, disabled Americans, and family members who lost a loved one. But the program is at risk and if action isn't taken, Americans might see a cut in their benefits starting in 2034.

Chapters:
1:29 How Social Security works
2:57 Solvency and Sustainability
6:06 The future of Social Security

Produced and Edited by: Emily Lorsch
Animation: Alex Wood, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
Additional Sources: Social Security Administration, National Academy of Social Insurance

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Why You Will Be Getting Social Security After All
Category
Tech
Tags
CNBC, business news, money tips
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