Social Security insolvency now projected for 2032, putting benefits at risk of a 22% cut
Social Security’s trustees report said the program is on track to become insolvent by the end of 2032, when the program’s beneficiaries will get a 22% cut in their monthly checks. Social Security guarantees income to over 70 million Americans. Across-the-board benefit cuts would significantly impact retirees, disabled workers and survivors, especially amid rising living … Read more