Markets
June 4, 2026
Social Security Trust Fund Depletion Cuts $500/Month and No State Will Be Spared
Key Takeaways Social Security trust fund depletion would trigger an automatic 24% cut to every recipient’s benefit check the moment the program’s retirement reserves run dry in 2032, according to a new report from the Committee for a Responsible Federal Budget published on June 3. For the average retiree, that is $500 less per month, […]
