Social Security Sees Troubles in 2030’s
Posted on 04/19/2023
The Social Security Administration has released a report that indicates there will be a serious problem in 2031, a mere 8 years from now. Beginning in 2031, Social Security will suffer an 11% shortfall for scheduled benefit spending from the Hospital Insurance Trust Fund. In 2033, Old-Age and Survivors Insurance fund will have a 23%…
