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Report: Social Security retirement trust fund to deplete by 2032
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Social Security Becomes a Flashpoint
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Social Security shortfall expected to accelerate, with funds at critical low in 2032
The shortfall will be driven in part by a drop in immigration and Trump’s tax cuts, trustees say, resulting in trimmed benefits.
Social Security funds to run dry in 8 years, prompting 17% benefits cut
What happens after 2034? If the trust funds were to run dry, Social Security would go insolvent — but it would not go bankrupt. Because Social Se
Social Security’s Retirement Trust Fund Faces Funding Shortfall One Year Earlier Than Expected
Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected
These states could be hit hardest by Social Security benefit cuts
The report warned that one of the main trust funds used for Social Security could dry up within a few years unless Congress acts.
Social Security at Risk for Cuts by 2032, Unless Congress Acts
The trust fund for the program, which supports roughly 68 million Americans, is on schedule to be depleted in the next six years. Benefits could be cut on average by 22 percent.
‘We are rapidly running out of time’ watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.
Social Security now expects shortfall earlier, in late 2032
A new tax law, declining fertility and falling immigration are reducing revenue into the retirement trust fund.
Social Security's insolvency date is projected for end of 2032
The report offers a fresh look at the finances of a program that provides benefits to more than 70 million Americans.
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