Experts Warn Social Security's Money Could Run Short by 2033

Social Security benefits could decrease by 14% by 2033  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

June 21, 2026   |   Read online In partnership with TOP PICK FOR YOU Personal Finance 'Raise the Cap for Payroll Taxes': Former Commissioner's Social Security Fix as New Study Predicts Insolvency by 2032 Social Security trust funds may deplete by 2033, prompting calls for reforms. Experts suggest raising payroll tax caps to avert benefit cuts, while lawmakers debate solutions. Read More ADVERTISEMENT The Biggest Names in Food Are Testing This New Tech What do the world’s three biggest foodservice providers, the biggest food manufacturer, and some of the industry’s most beloved brands have in common? They’re all partnering with Automated Retail Technologies (ART) to serve food without kitchens or delivery. With ART’s Just Baked™ automated robotic kiosks, serving peoples’ favorite meals 24/7 is affordable and easy. That’s why the foodservice giants Aramark, Sodexo, Sysco, and Compass Group joined Nestlé and White Castle as ART partners. And ART’s 800 units deployed currently only scratches the surface of their growth plans. They have 400 more units ready for immediate deployment, 340,000+ additional targeted locations, and a leadership team that knows exactly what it takes to scale. In other words, ART is perfectly positioned. Unlock up to 10% bonus stock as an early-stage ART shareholder today. Invest in ART Today This is a paid advertisement for Automated Retail Technologies Regulation CF offering. Please read the offering circular at https://invest.automatedrt.com/ PERSONAL FINANCE Savings 24-Year-Old With $120K Salary Feels 'Behind'; Ramsey Hosts Say His $50K Could Reach $12M A 24-year-old with a $120,000 salary plans to turn $50,000 into $12 million through smart investments and financial advice from 'The Ramsey Show'. Read More BUSINESS Finance & Banking Bank of America App Down: Customers Scramble for Answers Amid Banking Outage Bank of America experienced a significant digital outage on 20 June, affecting thousands of customers who were unable to access online and mobile banking services, causing widespread frustration. Read More PERSONAL FINANCE Personal Finance 'Taxing the Rich' May Cost America More Than It Gains, Kevin O'Leary Argues Kevin O'Leary warns on the 'Diary of a CEO' podcast that excessive taxes on the wealthy could lead to economic decline as high earners and entrepreneurs relocate, impacting government revenue. Read More ADVERTISEMENT Stop Paying for 6 Tools. One AI Does It All. Most e-commerce sellers juggle 6–8 tools and pay hundreds monthly to keep operations running. StoreClaw replaces the stack with one autonomous AI engine that monitors competitors, optimizes listings, automates marketing, and tracks profit 24/7. Connect your store and let AI handle the work — no prompts, no complex setup, no credit card required. Try if for free today BUSINESS Cryptocurrency Andrew Tate Loses $95,000 on Bitcoin Trade, Then Opens Another 40x Leveraged Bet Andrew Tate lost $95,000 on a leveraged Bitcoin trade, then opened a $1 million short. His history includes 107 liquidations, highlighting the risks of high-leverage crypto trading. Read More IBTimes Mags World US Brands Itself 'Guardian Angel' of Middle East as Trump Warns Iran 'No Tolls in the Hormuz Strait' The US warns Iran against imposing tolls in the Hormuz Strait, amid conflicting claims over its control and upcoming nuclear negotiations, impacting global oil supply and economic stability. Markets US-Iran Peace Deal: How It Shook Oil and Gold Markets Overnight The US-Iran interim peace agreement has led to a drop in oil prices and a rise in gold, affecting market inflation expectations and Federal Reserve rate decisions. World Trump's Proposed Social Security Rule Could Cut Monthly Benefits by $330 for 275,000 Americans Donald Trump is backing a rule change that could sharply reduce Supplemental Security Income payments for hundreds of thousands of low‑income Americans, according to new Social Security estimates. World US Launches Trade Probe Accusing Germany of Making Medicine 'Too Cheap' As Trump Pushes Global Prices Higher The US has initiated a Section 301 trade investigation into Germany over low drug prices, potentially leading to tariffs on German pharmaceutical exports. Technology Apple to Raise iPhone, MacBook and iPad Prices as Tim Cook Confirms Impact of Global Chip Shortage Apple CEO Tim Cook confirms price hikes for iPhones, MacBooks, and iPads due to a global chip shortage, impacting retail pricing decisions across Apple's product line.   Update your email preferences or unsubscribe here © 2026 IBT Media Type Sierra Quebec Bravo, 77 Marsh Wall, London, England E14 9SH, United Kingdom Powered by beehiiv Terms of Service