Social Security Cuts Are Now Expected to Be Larger Than Predicted According to Recent Forecasts
Summary
US government forecasts project Social Security's retirement trust fund could be depleted in late 2032, leaving payroll tax income sufficient to cover only 78% of scheduled benefits
Description from Ibtimes.
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Social Security Cuts Are Now Expected to Be Larger Than Predicted According to Recent Forecasts
US government forecasts project Social Security's retirement trust fund could be depleted in late 2032, leaving payroll tax income sufficient to cover only 78% of scheduled benefits
