Individuals pay into the program when they work, allowing them to receive benefits when they retire. At that time, the fund will pay out approximately 77% of the benefits for which recipients normally would be eligible. There are two social security trust funds Given the potential insolvency of the oasi fund and the broader fiscal uncertainty, experts strongly advise future retirees not to rely solely on social security to cover all expenses. The rates shown reflect the amounts received by the trust funds. The annual reports from the social security and medicare trustees for 2025 anticipate that both oasi and hi will become depleted in 2033, just eight years from now
When that happens, benefits for the respective programs would face automatic cuts, unless lawmakers make reforms before then.
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