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Trustees: Social Security, Medicare outlook slightly worse
The financial health of Social Security and Medicare has worsened over the past year, with the programs’ trust funds expected to run dry three months sooner than anticipated, according to reports issued Tuesday by the programs’ trustees. Without any changes, the main Social Security trust fund would be depleted in the fourth quarter of 2032, […]
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newrepublic.com
Social Security Is Running Even Lower on Money Than We Realized
The agency could see a dangerous drop in cash within the next six years.
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npr.org
Social Security funds could run short by 2032, program's Trustees warn
A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to patch the system before that.
