A growing concern among retirees is the possibility of a 19% cut in Social Security benefits by 2034 — a scenario gaining traction following new trust fund projections. If no reforms are enacted, this reduction could affect about 70 million beneficiaries, slashing their monthly checks almost in half by mid-decade. What’s Causing the Potential 19% Cut? This is Continue reading
OASI Trust Fund
Social Security Rolls Out New Measures To Keep Your Benefits Secure
The Social Security Administration (SSA) is rolling out new security enhancements to safeguard your benefits and streamline access. Starting August 2025, registered users of “my Social Security” accounts can opt into a Security Authentication PIN (SAP) when calling the national hotline. At the same time, projections warn that the OASI Trust Fund may run dry sooner than expected. Here’s everything you need to know. Continue reading