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A Social Security office in Houston in 2022. (Mark Felix for The Washington Post via Getty Images) Few if any programs of the U.S. government touch as many people as directly as Social Security.
The Social Security trust fund for retirement and disability benefits is expected to be depleted around 2035 because the benefits being paid out are greater than the payroll taxes coming in.
WASHINGTON—With an aging U.S. population and a smaller share of American workers who pay into it, Social Security could become unable to pay full retirement and disability benefits in 2034, one ...
A separate trust fund, which finances Social Security disability benefits for an additional 8.2 million people, is on more stable ground. It will be able to pay all of its bills through 2099, the ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending ...
Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, which ...
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