Social Security 2018 Trustees Report

woman sitting by windowToday, the Social Security Board of Trustees released its annual report on the current and projected financial status of the Old-Age and Survivors Insurance and Disability Insurance (OASDI) Trust Funds. To learn more, please visit http://ow.ly/G2Kl30klYyH. 

Join us on Facebook Live on 6/14 at 7 P.M. ET as we chat with Social Security’s Chief Actuary Steve Goss .

Note: The closed captioned version will be available post broadcast.

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24 thoughts on “Social Security 2018 Trustees Report

  1. The Congress (Republicans want the funedbto fail..) since it’s launch by FDR it’s been a target for them..maybe for a few DEMOS..one seem to care except those who care..it’s always a see who can blink first . and the Demos have had their chance too .we keep electing the same band of theves..kick them all out. Starting with Paul Nancy Chuck John Mac Gram and C Grassley.. fix it before it’s too late 2039 not that far off..get our heads out if the sand..you take out more than coming in you go broke.mits simple economic..or is it still taught… Greece is a good example..Wake up America..Build the wall if you must then build up the Social security . Hello is anyone listening..Republicans Demo Indep.Help we are in trouble.Heads up AARP

    • If the government goes broke and can’t borrow then it becomes academic as to whether or not SS can pay its obligations. NOTHING will get paid.

  2. It seems to me that for 8 years the Congress has known that this might be in the wind. Social Security’s cost has exceeded its non-interest income since 2010. Why has no one noticed the over head exceeding cost and doing nothing about it??

    • The change in demographics leading to this so-called crisis has been known since the 1980’s. We just kick the can down the road, no one cares,

  3. I am 65 years old & have been receiving SDDI benefits for many years. Now that I am 65, I would like to know what process do I need to complete or apply for to receiver SS retirement benefits under my ex-husband’s SSR benefits ACCOUNT. We were married.10 years or longer as required by the SSA; and don’the is currently receiving his SSR benefits.. MY phone number is 303-507-9851. I thank you, in advance, for assisting me in this important matter.

  4. Will the Medicare deducted from Social Security increase under my present medicare plan? If so what option do I have?

    Please send me information to :

    James A. Talley
    385 Starnes Park
    Gadsden, AL 35903

    • If you are unable to create an account or encounter a problem with your my Social Security account, you may:
      •Call us at 1-800-772-1213 (TTY 1-800-325-0778), Monday through Friday from 7 a.m. to 7 p.m. At the voice prompt, say “helpdesk”; or
      •Contact your local Social Security office. Thanks!

  5. Here is SOMETHING I DON’T UNDERSTAND: Why doesn’t the Government PAY BACK THE $2.6 TRILLION Reserve for Social Security that the Government stole from the Citizens of the United States, starting with a BAD, BAD President named Lyndon Johnson??? PAY BACK THE RESERVE FOR SOCIAL SECURITY!!!

    DO NOT PAY FOR ILLEGAL IMMIGRANTS, SUCH AS GIVING THEM A DEBIT CARD WHEN THEY GET INTO THIS COUNTRY and pay for their benefits, and give them jobs that belong to the Citizens of the United States of America!!!

    WE, meaning “most” of the people getting Social Security paid FOR ALL OF THOSE PEOPLE AHEAD OF US, and now, because the Government was CROOKED, and the BAD President Johnson starting stealing the Social Security Reserve of $2.6 TRILLION, AND THAT IS WITH A “T”, MEANS THE GOVERNMENT OWES THE SENIOR CITIZENS BIG-TIME FOR THIS THEFT, AND SHOULD NEVER, NEVER, NEVER, NEVER be able to cut our Social Security OR Medicare by 20% or 21%. SHAME ON ALL OF YOU, SHAME, SHAME, SHAME!!! If anybody is cut, it should be ALL Government workers–CUT BY 21%!!! AND ESPECIALLY EVERY MEMBER OF CONGRESS!!!

    I worked from 17 to 70, and even when jobs were hard to get, and some of it was the hiring of Illegal Immigrants (again SHAME, SHAME, SHAME, ESPECIALLY ON BOTH BUSHES, CLINTON AND ESPECIALLY, ESPECIALLY DINGING OBAMA!!! ) My immediate family have all died and where is their Social Security going??? To the Illegal Immigrants who are doing NOTHING for our country, except for in some cases messing it up and doing a BAD job, which some of it has to do with their not learning to speak ENGLISH!!! AND THEIR TAKING ALL THE BENEFITS THEY CAN GET THEIR HANDS ON!!!!!!!!!!!!

    GIVE BACK OUR SOCIAL SECURITY RESERVE OF $2.6 TRILLION, before DOING ANYTHING ELSE WITH ANY MONEY!!! We have been WRONGED!!!

  6. I MILFORD LEE ROOP WOULD LIKE TO KNOW THE OUTCOME ON MY SSI CASE THAT IS WAITING ON AND ANSWER FROM YOU ALL OK THANKS MILFORD LEE ROOP

    • Unfortunately, and because of security reasons we do not have access to personal records in this blog and cannot answer your question at this time. One of our representatives should be able to provide you with information regarding the status of your claim. Please call our toll free number at 1-800-772-1213 for assistance. Representatives are available Monday through Friday, between 7 a.m. and 7 p.m. Generally, you will have a shorter wait time if you call later during the day or later in the week. Thanks!

  7. All I have is a home, some savings and a tiny retirement. What will I expect with receiving SS Benefits once I retire. I’m 49 by the way

  8. Sanders, Tony J. Federal Insurance Contributions Adjustment Act of 2018. HA-9-6-18 http://www.title24uscode.org/fica.pdf

    Blessed are the poor (Matthew 5:3)

    I have not yet read the 2018 Annual Reports to see whether or not the Actuary is able to adjust the OASDI tax rate without appointing me Public Trustee. The Actuary is certainly competent to agree to this short FICA Act of 2018 and 15 page report. He has a year to learn to adjust the tax rate himself, and figure out whether or not he can live in peace with me and my Message of the Public Trustees.

    Due to the loss of 10 million Aid For Families with Dependent Children benefits 1996-2000 to fulfil the international legal obligation to end child poverty, the United States has no choice but to repeal the Adjustment of the contribution and benefit base in Section 230 of the Social Security Act under 42USC§430 and replace it with; To tax the rich the full 12.4% OASDI FICA tax on all their income and pay 16-24 million children growing up poor SSI benefits FY19 and end poverty by 2030, there is created in the Treasury a Supplemental Security Income Trust Fund.

    The poor will spend proportionally more money than richer people would, on the consumer economy pursuant to Engel’s law, and therefore the growth in their subsistence will sustain economic growth under the Iron Law of Wages. The reason why my errors and oversight should be immune from justified and unjustified prosecution, vilification or any sort of reader dissatisfaction, even by the rich taxpayers who are being asked to pay a 12.4% tax on all their income, is because it is not difficult for me, a poor man, at the age of lowest level of disability, to enrich myself and everyone, at both the micro and macroeconomic level. The only people facing any sort of marginal decrease in private earnings are the rich, who are assured of sustainable economic growth by putting their collective billions entirely to pay for social security benefits for the poor, women and children first.

    That is why the President, who conveniently represents the interests of the rich, knows that the right thing to do to most expand his purchasing power, is to nominate both me and my signatory witness to summon, the Secretary of Administration for Children and Families, to be confirmed Public Trustees by the Senate. As a consequence of the stress of actually performing this one duty to make his Presidency, the Acting Secretary’s and my entire career as a disability beneficiary, and indeed, everyone’s, a socio- economic success, the tardiness of the actual accounting of the balanced federal budget, due on July 15, for FY 19, will have to be excused this year in favour of a four year projection FY 17 – FY 20, for which I ask for two months of uninterrupted peace. Whereas, I have just decided to forgo income to avoid the duty to file, in return for reprinting this Message from the Public Trustees, I am asking for a once in a life-time raise from $693 to $2,000 a month under 24USC§422(d)(1).

  9. You never think or hope To need Social Security when you get older. I didn’t even know exactly how it worked until my wife (age 33 ) got very sick. We both worked full time our whole adult life. She was forced to quit her job two years ago March 2016 after being admitted to the hospital for a few weeks. Our Dr. pointed us to SSDI. After a denial we are scheduled for a hearing this June. It will be 27 months since her disease. Being so young with 2 kids I have been working to keep us afloat. It’s nice that we have things like Social Security to help when we need it but it is such an awful feeling when you are stressed out about your wife, money, insurance and keeping up with the kids. Wife can’t do the housework anymore so I essentially took over both rolls in the household and it is too much almost. Hopefully the hearing works out I just wish that they would realize that she would rather be working. They should have benefits for the spouse/caregiver/therapist/father/etc……… good luck to everyone, I sure could use some here soon. I don’t know how much longer I can keep it all going. Pray until someone help.

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