Social Security Trust Fund Report: Here's Where the Program Stands on Benefit Cuts and COLAs

Every year, the Social Security Board of Trustees releases a report detailing the current status of the program and its outlook for the future.

The report includes details on everything from the state of Social Security's trust funds to projected COLAs to the program's operating costs and more. Whether you're already receiving benefits or are planning to file soon, it's wise to keep updated on where Social Security currently stands.

The Social Security Administration (SSA) released its 2024 trustees report in mid-May, and here's what it says about the program's future.

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Source Fool.com