Social Security Funds Projected to Be Depleted In 25 Years
A recently-released report from the Social Security Administration (SSA) and the Medicare Board of Trustees paints a grim picture regarding the future of Social Security benefits. Based upon current projections, the trust funds which provide the basis for payments to Social Security beneficiaries will be completely exhausted by 2036. As a result, millions of Americans whose retirement plans include payments from Social Security will be left with nothing.