Social security fund: Cash gone by 2033

Filed under: AM Roundup |

Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians’ reluctance to take painful action to fix the huge retirement and disability program, said the Christian Science Monitor.

The trust funds that support Social Security will run dry in 2033 — three years earlier than previously projected — the government said Monday.

Read more at the Christian Science Monitor.