Social Security to run out of benefits by 2035

Millions of citizens could lose social security benefits by 2035, according to a report released by the Trump administration. Beneficiaries would receive 25 percent less of their social security income if congress doesn’t act soon. The report stated that the government will have to tap into Social Security reserves in 2020 when the costs exceed what it receives from taxes. The $3 trillion reserves are … Continue reading Social Security to run out of benefits by 2035