Social Security recipients may see their payments drop by 22% in just six years

If you currently are receiving Social Security payments—or will begin to by 2032—there’s some very bad news. The Social Security Administration (SSA) has just revealed in a new report that a major trust fund it uses to pay monthly benefits will be depleted in just six years. And when that happens, your monthly Social Security payments will become much smaller. Here’s what you need to know. What’s happened? This week, the Social Security Administration published its annual OASDI Trustee...