A new analysis from the AARP Public Policy Institute highlights a critical social security gdp link: the share of the U.S. economy subject to Social Security payroll taxes has steadily declined, weakening the program’s revenue even as the overall economy has grown. The research, released in November 2026, finds that taxable payroll fell from 41 … Read more
Social Security trust fund depletion is now projected for the fourth quarter of 2032, and without action by Congress, tens of millions of retirees and survivors would face an automatic benefit cut of about 22%. The program would not disappear, but its main reserve account would be empty, and payments would shrink to match incoming … Read more
Social Security benefit cuts 2032 explained: See the latest trust fund projections, potential payment reductions, and what retirees should know.
According to the 2026 Social Security Trustees Report, the retirement trust fund is projected to run out of reserves in late 2032, while the combined trust funds are projected to be depleted in 2034, after which incoming revenue could still cover about 78% and 83% of scheduled benefits, respectively. Social Security is not expected to … Read more
Can you collect Social Security and disability? This is a common and important question for millions of Americans planning for retirement or managing a long-term disability. As of today, December 14, 2025, the rules remain clear and unchanged. You may receive disability benefits and Social Security retirement benefits during your lifetime, but in most cases, … Read more