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collage of blue-tinted social security cards (Photo: Shutterstock)

Alicia Munnell, director of the Center for Retirement Research at Boston College, likes President Joe Biden’s proposal to fix Social Security because it doesn’t call for any benefit cuts. Overall, though, the professor gives it a grade of “incomplete.” She tells why in an interview with BenefitsPRO’s sister publication, ThinkAdvisor.

What’s chiefly missing, she says, is that the plan would not increase Social Security payroll taxes broadly enough to pay folks full retirement benefits for the next 75 years.

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