Social Security Reform

Social Security reform refers to changes aimed at improving the Social Security program, which provides financial support to retirees, disabled individuals, and survivors. As the aging population grows and life expectancy increases, funding challenges have arisen, threatening the program's long-term sustainability. Reforms may include raising the retirement age, adjusting benefit formulas, increasing payroll taxes, or diversifying investment strategies. The goal is to ensure that Social Security remains viable and continues to provide essential support to millions of Americans while balancing the program’s finances for future generations.