Robert Reich was a trustee of the #Social_Security_Trust_Fund at one time. He says it is not a ponzi scheme, but everyone should pay into the system at any income level.

open.substack.com/pub/robertre...

It won't be insolvent, to be clear there is no threat of not receiving any payout under current law. If nothing is done, benefits will become limited to payroll tax receipts and simply fall once by ~20%.

But you're absolutely right about the choice to hopefully save the additional benefits