Byline: Charles Crumpley
Jul. 9--There are at least two myths about Social Security.
One is that when wage earners contribute to Social Security each month, their money goes into a trust fund for their retirement. The second is that Social Security is going broke and won't be around to pay off for today's twenty-somethings or anyone born after them.
The first one definitely is wrong. The second one probably is wrong.
There is no trust fund, at least not one that's stuffed with money invested for your retirement. Unfortunately, Social Security was "sold" to the public way back in the New Deal days as a kind of national pension fund that would invest …