Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year

Economic Times - Nov 9, 2026

Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.

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