Week’s Best: Social Security Likely Will Be Diminished, Not Broke

Week’s Best: Social Security Likely Will Be Diminished, Not Broke
·2 min read
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  • Ric Edelman
    American businessman

It’s become something of a parlor game these days to speculate about the coming demise of Social Security, and advisors are getting a lot of questions from clients about the potential insolvency of the retirement safety-net program. Health savings accounts have been around since 2003 but aren’t nearly as well understood as 401(k) plans or IRAs. Michael Kitces, the self-proclaimed nerd and practice management guru, is a well-known figure within the financial planning world.

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