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Social Security trust fund will run dry in 2032

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Social Security's insolvency date is projected for end of 2032

Social Security's trustees report said the program is on track to become insolvent by the end of 2032, when beneficiaries would see their monthly checks cut by 22%.

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US Social Security trust fund set for 2032 insolvency, report finds

Social Security Trust Fund expected to run out by 2032

Social Security program on track for insolvency in 2032; benefits could be cut 22%

The Social Security Fund, responsible for monthly payments to retirees and their dependents, may be at risk of shriveling up.

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U.S. lawmakers discuss Social Security, have no plan to prevent insolvency

Social Security shortfall expected to accelerate, with funds at critical low in 2032

What’s being said nationally about Social Security’s possible insolvency in 2032

If the program becomes insolvent, it will automatically trigger a 22% reduction in the maximum benefits that current and future recipients are counting on for their retirement.

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Social Security retirement fund expected to fall short sooner, in 2032

Social Security is on track to pay only 78% of benefits starting in 2032 if Congress doesn’t act

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned the Chartered Financial Consultant® designation for advanced financial ...

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Federal News Network

OPM to crack down on ineligible health insurance enrollees

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