Once its trust funds are emptied, Social Security may have to cut benefits. The Social Security Trustees say it could happen as early as 2035.

The outlook for Social Security is gloomy, but you can save now to protect against benefit cuts in the future. If the cuts don't happen, you'll still be better off.

Whether you're ready to apply or looking to learn more about applying for Social Security, we'll fill you in on the details.

In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.

The Social Security Agency at this point does not have a specific timeframe as to when benefits will be adjusted.