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The Future of the Social Security Trust Fund
The Social Security Trust Fund covers costs when necessary. But just how long can these funds last?
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URGENT: OASDI Trust Fund Predicted to Run Dry by 2035
Did you know that the OASDI Trust Fund is set to run dry by 2035? This would create more financial insecurity for beneficiaries.
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UPDATE: Financial Status of Social Security Trust Funds Revised
On Thursday, June 2, the Social Security Administration released a statement about the financial status of the Social Security Trust Funds.
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REPORT: New Calculations Bring Social Security’s Impending Insolvency Closer
Social Security was expected to become insolvent in 2035. This date has changed due to the pandemic; the impending bankruptcy is now closer than anticipated.
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REPORT: Retirees Could Be Facing 21% Benefit CUT In 2035
Senior citizens earned on their benefit payments. The projections for the Social Security Trust Funds are a warning.