Social Security Is Running Even Lower on Money Than We Realized (opens in new tab)

A fund used to support Social Security retirement benefits is expected to expire in 2032, according to a new trustees report released by the Social Security Administration Tuesday.The new expiration date for the Old Age and Survivors Insurance fund, or OASI fund, is three months earlier than what the SSA projected last year. The change comes as a result of President Donald Trump’s “One Big Beautiful Bill,” which was passed in July 2025. The bill lowered the ordinary income tax rate on Social ...