Many Americans who rely on Social Security for retirement income face a looming crisis. According to the 2025 Trustees’ report, the key trust fund—the Old-Age and Survivors Insurance (OASI)—is projected to be depleted by 2033. If Congress fails to act, benefits will automatically be reduced by approximately 23%, turning a typical $2,000 monthly check into $1,540. Here’s everything you must know about this Continue reading
Retirement Benefits
19% Cut To Social Security Benefits By 2034? Here’s What Could Trigger It
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
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