The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
The Congressional Budget Office now estimates that the Social Security retirement trust fund will run out of money in 2032.
Social Security benefits are facing automatic cuts starting in 2032 when a key trust fund is expected to reach insolvency, ...
Key Points ・The 2025 Trustees Report projects that Social Security’s retirement trust fund will be depleted in 2033, ...