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The Social Security crisis is coming one year earlier than we thought
The Social Security shortfall date just moved a little nearer. New federal projection released June 18 show the combined Social Security trust funds will pay 100% of benefits until 2034 before becoming depleted. That date is one year earlier than the Social Security Administration reported a year ago.
Due to the large number of beneficiaries, not all claimants receive their payments on the same day each month.
Last year’s report put the go-broke date at 2036. Meanwhile, Social Security’s trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning ...
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Official Announcement Date for 2026 Social Security Increase: Millions of Americans AwaitMillions of Americans relying on Social Security payments are eagerly awaiting a crucial announcement that will directly ...
The cost-of-living adjustment, commonly referred to as COLA, has been a long-standing element of Social Security benefits, ...
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