The coronavirus pandemic is having a profound effect on the current U.S. economy, and it may have a detrimental effect on Social Security’s long-term financial situation. High unemployment rates mean Social Security shortfalls could begin earlier than projected. Social Security retirement benefits are financed primarily through dedicated payroll taxes paid by workers and their employers, …
Tag: Coronavirus Pandemic
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Apr 28 2020
Coronavirus Update (April 28)
At noon today (4/28), the number of coronavirus cases worldwide has exceeded 3 million with over 213 thousand deaths. In the U.S., the amount of confirmed cases exceeds 1 million with over 57 thousand deaths. In Colorado, a total of 13,879 cases with 706 deaths. Even though the number of coronavirus cases worldwide are increasing, …
Permanent link to this article: https://www.50plusmarketplacenews.com/352548/latest-news/coronavirus-update-april-28