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If policymakers take no action, the Social Security trust fund will be exhausted in 2034.
After the trust fund reserves are depleted, even if policymakers took no further action, SocialSecurity could still pay three-fourths of scheduled benefits, relying on Social Security taxes as theyare collected. Resulting in an estimated reduction between 22% to 25% in benefits paid to recipients.Source: Center on Budget and Policy Priorities
We frequently host, no-cost educational webinars focused on strategies to maximize your social security benefits.
These sessions typically last 1-hour and provide a great overview of your social security benefits and how to take proactive steps to maximize your benefits.