Social Security has long been a crucial financial support system for Americans, but it faces potential insolvency by 2034 due to financial mismanagement and political abuses. With the Baby Boomer generation nearing retirement, awareness of benefits varies, yet applicants must understand key parameters influencing their benefits, specifically work and earning history. Recent efforts, notably the Trump Administration's application of cryptocurrency (DOGE) for auditing purposes, may reveal fraudulent payments that could ensure the future of Social Security is viable for upcoming generations.
One must work at least 10 years in the US paying FICA taxes to qualify for Social Security benefits, influencing their ultimate benefit amount.
The Trump Administration's use of DOGE to audit potential fraud in Social Security benefits represents a significant step in addressing long-term financial sustainability.
Collection
[
|
...
]