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The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that ...
Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities ...
1hon MSN
The trustees say the latest findings show the urgency of needed changes to the programs, which have faced dire financial ...
WASHINGTON—With an aging U.S. population and a smaller share of American workers who pay into it, Social Security could ...
The long-term combined outlook of the Social Security Old-Age and Survivors Insurance Trust Fund and Disability Insurance ...
Social Security’s combined trust fund reserves are now projected to run out of money in 2034, one year earlier than ...
The combined trust funds for Social Security are projected to run out in 2034, a year earlier than previously predicted, a board of trustees of the program’s accounts said in a new report released ...
The U.S. Social Security and Medicare programs for older people will both run short of funds to pay full benefits in 2033, ...
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.
The cost-of-living adjustment, commonly referred to as COLA, has been a long-standing element of Social Security benefits, ...
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