• Reserves for Social Security’s largest trust fund are expected run out as soon as 2033, according to a report by the board of trustees of the program’s accounts.
• The estimate is one year earlier than previously projected for the Old-Age and Survivors Insurance (OASI) Trust Fund, which pays out Social Security benefits to retirees.
• If the reserves run out, projected income for the account would only cover 77 percent of scheduled benefits, the report determined.

Tagged: Study Finds