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Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...
The Social Security shortfall date just moved a little nearer. New federal projection released June 18 show the combined ...
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.
Social Security will run out of money by 2034, according to an annual report released by the four trustees of the program: ...
The combined retirement and disability fund is projected to run dry in 2034, one year earlier than reported last year, ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities ...
The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...
Congress’ time to shore up Social Security’s finances is running out even faster than anticipated with just eight years left to figure out a solution.
"If Congress does not act, combined trust fund reserves are currently projected to become depleted in 2034," the trustees said.
There are many older Americans today who get the bulk of their income from Social Security. And you may end up needing that ...
WASHINGTON (TNND) — Reserves of the Social Security program’s trust fund for older people and survivors will run out in 2033, the Social Security and Medicare Boards of Trustees announced ...