General Discussion
In reply to the discussion: When some one says SS or MC will go broke [View all]JDPriestly
(57,936 posts)from current payroll taxes rather than from the Social Security and Medicare Trust Funds that baby boomers put aside.
That is how I understand it. Republicans want to make you think that the programs are literally going broke, but as I understand it the Trust Funds run out -- for Medicare in 2024 if the ACA is maintained and for Social Security later.
Of course, it all depends on how well the economy goes.
If jobs become abundant (don't hold your breath), we could see a lot of seniors who are fit returning to work and putting money INTO Medicare and Social Security as well as taking it out. A lot of seniors have been forced to stop working before they would like because of the slow economy. And employers are more willing to hire and be tolerant of the disabilities of seniors when employers need workers.
So, don't worry about Medicare and Social Security.