Social Security Benefits

Social Security Trust Fund Rumored to Run Out Earlier Than Estimated

Social Security Trust Fund Rumored to Run Out Earlier Than Estimated

The Social Security Administration has a new update that baby boomers should take very seriously. The Old Age and Survivors Insurance trust fund is now one year closer to running short of money. Previously, the estimated depletion date was set for 2033. However, according to 24/7 Wall St., the Congressional Budget Office has released new