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.

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 ...

Trump pledged not to cut Social Security, but the 2026 trustees report shows retirement benefits face a 22% shortfall by late ...

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.

Workers in their 50s and 60s may be facing a serious retirement challenge in the near future. Social Security is currently paying out more in benefits than it receives in tax revenue and interest ...

But there’s still ample cause for skepticism that Congress will successfully tackle the looming shortfall in Social Security funds, now predicted to hit in the fourth quarter of 2032. That’s only one ...

There's a lot of focus on the trust fund running dry, but there are also other issues to worry about when it comes to Social Security.

The latest Trustees Report outlines a base case in which Social Security's Old Age and Survivors Insurance Trust will run dry before the end of 2032. That's a few months earlier than last year's ...