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Quarterly Market Review:
April-June 2025

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Social Security and Medicare 2025 Trustees Reports: It's Time to Address Funding Concerns
Payroll taxes from today's workers, along with income taxes on Social Security benefits, go into interest-bearing trust funds. During times when payroll taxes and other income exceeded benefit payments, these funds built up reserve assets. But now the reserves are being depleted as they are used to supplement payroll taxes and other income to meet scheduled benefit payments.

Sara Stiles, MSFP, CFP®
Jul 285 min read
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