Hey everyone. Welcome back to another special Friday edition of Money Girl,

where I answer your burning money questions. We're trying to come up with a catchy name like

Finance Fridays? I don't know. Send me a note if you have any good ideas. I'm Laura Adams

an author, financial spokesperson, speaker, founder of the Money Stack newsletter and

host of the Money Girl Podcast with 43 million downloads.

Today's question comes from Laura in Oregon.

She's been a podcast listener since 2012.

She says, I turn 62 this year and am paying more attention than ever to Social Security

and am concerned about its solvency. My question concerns the Social Security

tax, which gets applied to earnings up to $168,600.600.

Would it be reasonable for the tax to also get applied to other types of income, like passive

income and capital gains?

Laura, thank you so much for your question and being a long time listener, I really appreciate that.

Yeah, I know a lot of people are very concerned about Social Security.

I think there are some good solutions and we're going to talk about how the retirement

benefit works and what I think is likely to happen to the program.

So even if you are nowhere near retirement age, I want you to stay with me because getting familiar with the program is smart because it should play a significant role in your financial planning.

So you need to understand it and you know

know what that benefit is going to look like for you in the future.

And if you have a question you'd like me to cover on a Finance Friday

Q&A show please leave it on our voicemail. Just call

302 3640308. You can also send me an email using my contact page at Laura D Adams.com.

...