Social Security Retirement Benefits Are Funded By A Pay As You Go Tax Structure - $1 In - $1 Out Social Security On Verge Of Bankruptcy Retirement Benefits At Risk Very Little Imbalance At The End Of Each Accounting Period Copyright © 2010 AmeriCareToday SUPORT A PLAN THAT PROTECTS SOCIAL SECURITY RETIREMENT BENEFITS Those Extra Dollars That Were Suppose To Fund Retirement Benefits They’ve Been Transferred To The General Revenue Fund Politicians Have Spent Social Security Retirement Benefits On Other Things And Left Behind 2.5 Trillion Dollars In IOUs To Fund Social Security Retirement Benefits WWW.AMERICARETODAY.COM Pay as you go taxing structure; One dollar in – one dollar out Very little imbalance at the end of each accounting period. Social Security retirement benefits are at risk SS is on the verge of bankruptcy Pay as you go - no longer working New funding plan signed into law in 1983 Pay in advance taxing scheme Began paying $5 in social Security taxes Social security paid $4 out in retirement benefits Extra dollar would be saved and invested Fund benefits for retiring 78 million baby boomers I O Us