Funding that Social Security relies on to pay benefits will run out one year earlier than previously projected, according to a new report published Wednesday. In its annual update, the Social Security ...
The Social Security Trust Funds hold the Social Security taxes paid by American workers. The trust funds are invested in Treasury securities that earn interest, helping the funds to grow. Four years ...
At that time, 77% of those benefits will be payable, according to the report. Social Security's combined trust funds — the Old-Age and Survivors Insurance and Disability Insurance trust funds — will ...