The debt ceiling is a problem for Social Security beneficiaries — but the trustees probably won’t mention it

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The debt ceiling is a problem for Social Security beneficiaries — but the trustees probably won’t mention it
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The trustees report is expected to be released by April 1

When the Social Security Administration releases its annual analysis of both the Social Security and Medicare programs this year, experts suspect some key information will be missing.

The year in which the trust funds are depleted will likely stay the same, or move up or down by a year, experts said.Economic assumptions are made at the beginning of the year, so last year’s report did not properly account for the economic volatility and inflation Americans experienced. The trustees, who use a 75-year projection period in their report, will likely touch on important factors, such as inflation, gross domestic product growth, real wages and employment.

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