A new report says that Social Security will be insolvent by 2032. Here are four ways recipients should respond now.
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June 10, 2026 / 12:33 PM EDT
/ CBS News
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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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Social Security may run out of full funding by 2032. If Congress does not act, millions of Americans could face benefit cuts of…
But depending on how Congress acts, future payouts of Social Security benefits may be smaller.
Social Security may face a funding shortfall in 2032, but these options could help you prepare your finances now.
What makes this year’s warning especially troubling is that the deterioration isn’t driven by a temporary downturn but by deeper…
