retirement trust fund
Coverage of retirement trust fund in the Nexus archive.
- Elizabeth Warren is demanding Trump clarify plans to raise Social Security's retirement age
Elizabeth Warren is demanding Trump clarify his plans to raise Social Security's retirement age. The letter cites a trustees report projecting the retirement trust fund will run dry in 2032, accelerated by Trump's tax bill.
- Social Security’s retirement trust fund faces funding shortfall one year earlier than expected
Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than last year’s estimate, while Medicare’s hospital insurance trust fund will be unable to pay full benefits in 2033. Rising healthcare costs and government spending contribute to these challenges, with benefits continuing at reduced levels after trust fund depletion.
- Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds
Social Security's retirement trust fund faces depletion, potentially leading to average monthly benefit cuts of $500 for retirees. A new report examines how much Americans may lose in benefits if this occurs.