Due to increases in life expectancy without comparable increases in the ages that people receive SS benefits, males currently collect benefits for an average of 37% longer than in 1940, and females collect 41% longer. Contrary to popular belief, SS doesn’t save people’s money but pays beneficiaries mainly by taxing people who are currently working. In contrast, “federal law requires private pension plans to operate as funded plans” to increase “benefit security” and ensure “intergenerational equity.” Because SS doesn’t operate like that, politicians have levied increased SS tax burdens on succeeding generations of Americans to keep the program solvent, thus creating severe generational inequality. Unless retirement ages are raised or benefits are reduced in some other way, taxes will need to be increased again to keep the program afloat. Also contrary to common fictions, the SS Trust Fund hasn’t been looted, and no money has been diverted from SS to the SSI program.