Social Security Trust Fund to Run out of Cash by 2034
Death spiral begins this year, as costs will outstrip revenue.
By Nick Thornton|June 06, 2018 at 10:47 AM
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Social Security’s asset reserves in the Old-Age and Survivors Insurance (OASI) program are projected to be exhausted by 2034, one year sooner than was projected last year, according to the Social Security Administration’s 2018 Trustee report.