A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to patch the system before that.
Tens of millions of retirees and other Americans could see smaller monthly Social Security checks in six years if lawmakers don’t act to shore up the program’s finances, according to an annual report ...
The federal government could face hundreds of billions of dollars in additional annual borrowing needs.
Key Takeaways Social Security’s trust fund is projected to run short of money in about six years, prompting lawmakers to ...
Mary Roeloffs is a Forbes breaking news reporter covering pop culture. The Social Security Administration's annual trustees report predicts the Old-Age and Survivors Insurance (OASI) Trust Fund will ...
A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to... Social Security funds could run short by 2032, program ...