The trust funds that help pay Social Security benefits to millions of Americans are due to run out of money in less than a decade. In an annual report released on Wednesday, trustees of the Social ...

Annual costs began to exceed noninterest income in 2010, and exceeded total income in 2021. But here's the key: Social Security had a reserve of $2.8 trillion at the end of 2022 that it can use to ...

They now predict that Social Security’s fund will run out of money in 2033, or in 2034 if Congress changes the law to combine the separate funds for old-age benefits and for disability insurance.