What solutions are presented to fix the Social Security shortfall? (hint: choose three correct answers)

Question

Webpage reference
A.
Stop distributing benefits to workers who do not pay into the system

B.
Reduce benefits to match income from payroll taxes

C.
Increase the Social Security tax rate

D.
Raise the age of retirement for younger workers

Answer 1

The following solutions are commonly presented to address the Social Security shortfall:

C. Increase the Social Security tax rate
D. Raise the age of retirement for younger workers

(Note: While options A and B may be considered by some as potential solutions in certain discussions, primarily those that seek to reform or change eligibility and benefit structures, they are less commonly proposed in mainstream discussions compared to options C and D.)