As millions of Americans rely on Social Security for their monthly income, new reports indicate the program’s finances are at a critical juncture. Here’s what every current or soon-to-be recipient should understand about the future of Social Security, the risks to your benefits, and what steps Congress could take to keep the program strong.

When will Social Security “run out of money”?

The latest 2025 Social Security Trustees Report finds the program’s main reserve fund—the Old-Age and Survivors Insurance (OASI) Trust Fund — will be depleted in 2033 . That’s just eight years from now.

At that point, unless Congress acts, the system will only have enough payroll tax revenue coming in to pay about 77% of scheduled benefits—triggering an automatic across-the-board cut of around 23%

See Full Page