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Social Security, trust fund

ABC News on MSN · 4h

Social Security fund may run dry sooner than previously expected, trustees say

The Social Security fund will run dry in 2033, unless Congress combines the program’s old-age and disability funds, in which case insolvency would arrive in 2034, the report fou

CBS News on MSN · 8h

Social Security's trust fund is on track to be depleted by 2034, new report says

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.

MarketWatch on MSN · 1h

Medicare may actually be in worse trouble than Social Security, according to the trustees

That’s when the trust funds that underpin Social Security and Medicare are due to run low, which will mean that benefits get cut by a statutory amount. While Social Security gets most of the attention now,

Social Security benefits face big cuts in 2033

The New York Times · 1h

Social Security’s Finances Erode Further and Could Spell Benefit Cuts

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could lead to payment cuts in eight years.

The Motley Fool on MSN · 2h

Do More Social Security Retirees Claim Benefits at 62 or 70? The Answer May Surprise You.

The number of retirees claiming Social Security at age 62 declined between 2019 and 2023 among men and women, according to data from the Center for Retirement Research at Boston College. For men, the percentage declined from 31% in 2019 to 26% 2023. That compares to 27% of women claiming at 62 in 2023, down from 34% in 2019.

Bloomberg L.P. · 4h

Social Security Warns of 23% Benefit Cut by 2034 Without a Fix

The Social Security trust fund will become unable to pay scheduled benefits to retirees and the disabled as soon as 2034, new projections show — one year earlier than last year’s estimates.

5hon MSN

The Social Security crisis is coming one year earlier than we thought

The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that ...

39mon MSN

Medicare and Social Security go-broke dates pushed up due to rising health care costs, new SSA law

The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...

1h

There’s Bad News for Retirees on Social Security. Here’s the Latest

Millions of older Americans depend on Social Security to cover their retirement expenses. But the fear is that the program ...

2hon MSN

Senate proposes big change to Social Security, SALT income tax deduction

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

7hon MSN

Social Security’s Potential Insolvency Date Moves Up One Year

WASHINGTON—With an aging U.S. population and a smaller share of American workers who pay into it, Social Security could ...

1h

When Will Social Security and Medicare Funds Run Out?

Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.

10hon MSN

Working While Receiving Social Security: Understanding the Rules

The bottom line is that the Social Security earnings test is a big factor in determining whether older adults who are still ...

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