CBS MoneyWatch reports: More than 62 million Americans receive benefits from the Old-Age and Survivors Insurance fund. But by the end of 2032, the fund will only have the resources to pay out 78% of its scheduled benefits, according to a new federal analysis. Jill Schlesinger explains.
lifestyle | money | CBS MoneyWatch | June 10, 2026 12:43 PM
Social Security is on track to become insolvent by 2032, putting benefits at risk of a cut
More than 62 million Americans receive benefits from the Old-Age and Survivors Insurance fund. But by the end of 2032, the fund will only have the resources to pay out 78% of its scheduled benefits, according to a new federal analysis. Jill Schlesinger explains.
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