Alarming 22% Social Security Cut in 2032: 5 Key Facts
Social Security Projected Benefit Cuts 2032: The Basics Social Security has two main trust funds. The one that pays retirees and survivors is the Old-Age and Survivors Insurance fund, known as OASI. The Trustees say it will run out of reserves in late 2032. After that, the law only allows payments from incoming payroll taxes. … Read more