Economic Advisor Larry Summers on Retirement Security
Washington, DC
Tuesday, August 11, 2009
Facing the influx of retired baby boomers and a lagging economy, the Social Security Admin. reported that their costs will exceed tax revenues in 2016, and the trust funds to allocate benefits will be exhausted in 2037. White House Economic Advisor Larry Summers went over these and other issues threatening retirement security at the 11th Annual Retirement Research Conference.
Updated:
Friday, November 26, 2010 at 11:33am (ET)