The Social Security retirement trust fund is projected to experience a funding shortfall in 2032, which is one year earlier than previously estimated. Additionally, Medicare's hospital insurance trust fund is expected to be unable to pay full benefits in 2033, consistent with last year's estimate.
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Social Security's retirement trust fund projected to face funding shortfall in 2032
The Social Security retirement trust fund is expected to face a funding shortfall in 2032, one year earlier than earlier predictions. Medicare's hospital insurance trust fund is projected to be unable to pay full benefits in 2033, unchanged from previous estimates.
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Social Security's retirement trust fund faces a projected funding shortfall in 2032, a year earlier than expected
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Social Security's retirement trust fund projected to face funding shortfall in 2032