The latest version of the GOP’s “big, beautiful bill,” which passed both houses of Congress this week and is headed to ...

The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that the combined Social Security trust funds will pay 100% of benefits until 2034 ...

Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not ...

On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...

The new estimate for how long Social Security reserve funds will last before benefits are cut. Updated Thu, Jan 23 2025. Trina Paul Associate Reporter.

After 2034, Social Security would only have enough funds to cover 81% of benefits. After 2033, Medicare’s hospital insurance trust fund would only be able to pay 89% of costs.

Last year, the Social Security Trustees projected that the program’s combined trust funds could be out of money by 2035. In their most recent report, they moved that timeline up a year.

Leland Dudek, the acting Social Security commissioner, chimed in to ask the presenter if the chart showed what he thought it did: that Americans are rushing to claim Social Security now because ...

The Social Security fund will run dry in 2033, unless Congress combines the program's old-age and disability funds, in which case insolvency would arrive in 2034, the report found.

Under current law, when that trust fund is empty, Social Security can pay benefits only from dedicated tax revenues, which would, by that point, cover only about 79% of promised benefits.