3 Social Security Myths You Shouldn't Believe During COVID-19

3 Social Security Myths You Shouldn't Believe During COVID-19

Just as there's a lot of misinformation circulating about COVID-19 itself, there's also a fair amount of false data to be heard about Social Security. Because so many Americans are currently out of a job, and therefore aren't subject to payroll taxes on their wages, it's clear that Social Security is not only losing revenue at present, but it's likely to do so for much of the year. While that may constitute a financial setback for Social Security, there's no reason to believe it will doom the program forever.