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The latest estimate on when Social Security will run out of money



This epidemic will not cause destructive damage to the long-term solvency of social security as originally envisaged.

This is my hopeful conclusion based on the latest analysis released by Stephen Goss, the chief actuary of the Social Security Administration in late November. You may remember that before the pandemic, Gauss predicted that the Social Security Trust Fund would run out of funds in 2035. Considering the many ways the pandemic may affect social security in the next few years, he predicts that…


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