Social Security Trust Fund Depletion: 2032 & 2034 Explained

Social Security Trust Fund Depletion: 2032 & 2034 Explained

Social Security Trust Fund Depletion: What It Means for Your Benefits The Social Security Trust Fund is projected to be depleted in 2032 for retirement and survivors benefits (OASI) and 2034 for the combined trust funds. Depletion does not mean the program ends. Payroll tax revenue would still cover about 78% of scheduled OASI benefits or 83% of combined benefits, unless … Read more