Social Security to be depleted by 2034, board says

The Social Security Trustees Report Looks Gloomy. Don’t Let Clients Panic

Better late than never.  The Social Security Trustees report emerged this week more than two months beyond its Congressionally mandated April 1 deadline. It projects the Old-Age and Survivors Insurance trust fund will be able to pay 100% of total scheduled benefits until the fourth quarter of 2032. If combined with the Disability Insurance fund, full benefits will be payable until the third quarter of 2034. That’s unchanged from last year’s repo…

The Military Budget Is Twice as Big as Social Security’s Projected Shortfall

Anyone that thinks Social Security poses a budget problem must believe military spending poses a much bigger problem.

Making Sense of the New Social Security Trustees Report

(Registered Social Security Analysts image) On Tuesday morning, The Social Security Administration (SSA) released its highly anticipated Trustees Report for 2026. The trustees project that the depletion date of the combined retirement and disability trust fund (OASDI) surplus will hold firm at 2034, at which time the program still could pay 83% of promised benefits. (Advocates and analysts expected the date to creep up one year to 2033.) Interes…

Social Security to be depleted by 2034, board says

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