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Social Security Administration report shows new trust fund depletion dates

A sign for the U.S. Social Security Administration is seen outside its headquarters in Woodlawn, Maryland, on Thursday, March 20, 2025.

Tom Williams | Cq-roll Call, Inc. | Getty Images

The trust fund that Social Security uses to help pay retirement benefits could be depleted by 2032, at which point 78 percent of benefits would be payable, according to the Social Security Administration’s annual trustee report released Tuesday.

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