collage of blue Social Security cards (Photo: Shutterstock)

The Social Security Old-Age and Survivors Insurance Trust Fund is on track to be depleted by 2033, a year earlier than estimated in 2020, with 76% of benefits payable at that time, according to the just-released 2021 Social Security Board of Trustees' report, which typically is released in April.

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Ginger Szala

Ginger Szala is executive managing editor of Investment Advisor magazine. She covered the financial business and alternatives industry for 30 years while editor of Futures Magazine Group. MSJ Northwestern, BA University of Wisconsin-Madison. She is based in Chicago. Go Blackhawks!