See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Social Security Warning Issued: 'Heading for Trouble'

Posted on AllSides May 8th, 2024
From The Center
GETTY

A financial expert has warned that the Social Security program is "heading for trouble," despite a new report indicating the benefit program is doing well.

On Monday, the Social Security Administration (SSA) published its annual Trustees Report, which found the government retirement and disability benefits program has fared better than expected over the last year due to the improving economy. The expected depletion date of the program's Old-Age, Survivors, and Disability Insurance (OASDI) fund has now been pushed back to 2035, based on the combined reserves of the retirement and...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.newsweek.com/social-security-warning-issued-insolvency-1897788

More News about Taxes from the Left, Center and Right

From the Left

From the Center

From the Right