Treasury Warns Social Security Fund Will Run Out of Money by 2033

1 month ago
A caller authorities study shows that the Social Security system’s main spot money volition beryllium depleted by 2033, 1 twelvemonth sooner than a anterior estimate, adding to concerns astir the fund’s solvency. The Treasury Department has released a study pursuing a gathering of the Social Security Board of Trustees, successful which it warns that the national Old-Age and Survivors Insurance (OASI) Trust Fund volition go “inadequate” wrong the a...
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