Social Security’s Chief Actuary projects that the combined Social Security trust funds (retirement and disability) will be depleted in approximately 8 years. If that happens and Congress doesn’t act, benefits would need to be cut approximately 20% and the system would be entirely dependent on funds paid by current workers. We expect Congress to correct this solvency problem, and offer this options calculator so you can better understanding which proposals would add or subtract, and by how much.

What would you choose? Learn more from the Chief Actuary’s report.