Social Security's Trust Funds Could Be Drained in Just Over 10 Years

Millions of seniors rely on Social Security as a primary source of income, but the program is facing some fiscal challenges that could result in an extreme reduction in benefits if those issues are left unaddressed. The crux of the matter is this: In the coming years, Social Security expects to owe more money in benefits than it collects in revenue. Now the good news is that Social Security has trust funds it can tap to bridge the gap between the benefits it's scheduled to pay and the revenue it has coming in.