Social Security’s retirement fund is running out of money faster than previously expected, according to a new report released ...
The Congressional Budget Office now estimates that the Social Security retirement trust fund will run out of money in 2032.
Social Security benefits are facing automatic cuts starting in 2032 when a key trust fund is expected to reach insolvency, ...
The Congressional Budget Office is projecting the main Social Security trust fund to run dry with retirees possibly seeing their monthly checks reduced in six years time.
Analysts have digested the most recent inflation and jobs data.
Analysis points to historically large peacetime deficits and debt levels, raising new questions for advisors about retirement income security and future policy changes.
Higher inflation and lower income taxes on benefits may weigh on the program’s trust funds.
Some popular fixes include subjecting wages over $400,000 to the payroll tax, gradually increasing the retirement age, and reducing benefits for top earners.
Social Security beneficiaries saw a 2.8% boost to their checks in 2026. New estimates for 2027 find the cost-of-living ...
Most recipients are paid based on their birth date, but some follow a different schedule.