Social Security solvency
Questions that policymakers should answer on Social Security
Without congressional action, the Social Security Old-Age, Survivors, and Disability Insurance Trust Fund (OASDI) will be depleted in 2034, according to the 2026 Social Security Trustees Report. The incoming revenue will be sufficient to cover only 78 percent of benefits…
Social Security Board of Trustees: Projection for Combined Trust Funds Remains Consistent with Prior Year
The Social Security Board of Trustees yesterday released its annual report on the financial status of the Social Security Trust Funds. The combined reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected…
The consequences of Social Security insolvency
In 2025, about 69 million Americans (one in five) receive Social Security benefits each month, totaling roughly $1.6 trillion in annual payments. This includes retired workers, disabled workers, survivors, and their dependents, who would be affected if the Social Security…
The Commission on Sustaining Medicare and Social Security Act
Congressman Gus Bilirakis has reintroduced the Commission on Sustaining Medicare and Social Security Act. H.R. 9089 would establish an independent, bipartisan commission of experts tasked with identifying solutions to ensure the long-term financial stability of both Medicare and Social Security…
Solving Social Security’s Financial Woes
If you read the news at any level, you are surely aware that the nation’s premier retirement program - Social Security - is facing some serious financial issues in the near future. In fact, the latest report from the Congressional…
The only Social Security certainty? American’s are largely opposed to change
One thing is certain, according to a recent survey: Americans are largely opposed (with only one exception) to any changes to the Social Security program. But the problem is that unless changes are made, the program will become “insolvent” in…
Is Social Security’s insolvency problem understated?
While analysts and economists anxiously await the “official” 2026 Social Security Trustees report, concerns are being raised about the trajectory of certain key performance indicators. One such indicator is the U.S. population’s fertility rate, a marker of what the future…
Closing Out the Week: A Look at Options to Address Insolvency
Whether it’s 2034, 2032, or 2031, the end of the road for Social Security’s asset reserves — the trust fund balances — is rapidly approaching. Along with that, of course, is a projected catastrophe in the form of a substantial…
The exhaustion of the Social Security trust fund is rapidly approaching
The Social Security program celebrated its 90th anniversary last year, and it continues to pay monthly benefits to retired workers and survivors of deceased workers. However, the future of this invaluable program may soon be reduced, but not bankrupt, as…
The Clock is Ticking for Social Security Solvency
Lest we forget, this article provides an excellent treatise about Social Security’s looming financial issues, now forecast to come to pass in about six short years. Don’t panic! That doesn’t mean that Social Security is going away (as in “bankrupt)…