Social Security Crisis 2034, Will Retirees Face a 23% Benefit Cut?
The latest annual report from the Social Security Administration (SSA) trustees confirms that the Old-Age and Survivors Insurance (OASI) Trust Fund is projected to run out of reserves by 2034, leaving retirees facing an automatic 23% reduction in benefits unless lawmakers take decisive action. This alarming forecast underscores the deepening challenges facing America’s retirement safety … Read more