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Social Security Update -- Read the Annual Report on the Financial Status on the Health of the Social Security Trust Funds

Posted on 05/09/2024 12:00 am  

The Social Security Board of Trustees released its annual report on the financial status of the health of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to have enough dedicated revenue to pay all scheduled benefits and associated administrative costs until 2035, one year later than projected last year, with 83 percent of benefits payable at that time.

Read the Annual Report Here