Social Security is on track to become insolvent by 2032, putting benefits at risk of a cut
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Social Security is on track to become insolvent by 2032, putting benefits at risk of a cut.
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More than 62 million Americans receive benefits from the Old-Age and Survivors Insurance fund.
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But by the end of 2032, the fund will only have the resources to pay out 78% of its scheduled benefits, according to a new federal analysis.
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