Social Security payments will get cut $325 a month starting in 2033 without changes: actuaries

The head actuaries for Social Security and Medicare testified before a House panel on Thursday about the two safety net programs' looming financial woes that could see key trust funds depleted in roughly a decade, which would leave beneficiaries facing a benefit cut if the funding gap isn't resolved by Congress.Trustees for Social Security and Medicare recently released a report that looked at the health of the key trust funds which found that key trust funds are on pace to be depleted in roughl