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Social Security retirement trust fund may be depleted in 2032, new trustees report finds
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- That projected depletion date is one year sooner than had been estimated last spring.
- At that point, they estimated late 2032 for the retirement fund depletion date.
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The trust fund Social Security relies on to help pay retirement benefits may run out in 2032, at which point 78% of benefits will be payable, according to the Social Security Administration's annual trustees report released on Tuesday.
That projected depletion date is one year sooner than had been estimated last spring.
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