National Social Security Trust Fund

The National Social Security Trust Fund is a government-managed reserve that holds the money collected from Social Security taxes. This fund is used to pay benefits to retirees, disabled individuals, and survivors. It serves as a financial backbone, ensuring that social security programs have the resources needed to meet current and future obligations. The trust fund invests the collected taxes in secure bonds, and its balance reflects how well the program can sustain itself over time. Essentially, it’s a financial buffer that helps maintain the stability and viability of Social Security for millions of Americans.