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Social Security Won't Be Able to Pay Full Benefits

CBS News on MSN · 10h

Social Security's insolvency date is now a year earlier. Here's how it could impact your benefits.

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

The New York Times · 8h

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.

Social Security benefits face big cuts in 2033, unless Congress acts

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.

12hon 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 ...

4don MSN

Retiree are fearing for the future of Social Security — here's what they can do to protect themselves

Retirees are anxious about the future of Social Security as they navigate extreme market volatility and high levels of policy ...

11hon MSN

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 ...

13don MSN

Americans are filing for Social Security at record rates amid fears about its future

Spike in early Social Security claims this year points to growing concerns about the health of the Social Security system, ...

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