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What Social Security will look like in 2035

GOBankingRates logo GOBankingRates 4/18/2017 Cameron Huddleston

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Related video: 3 things Baby Boomers need to know about Social Security (provided by USA Today)

The future of Social Security remains uncertain. In fact, the Social Security trust funds that pay retirement and disability benefits could possibly be depleted by 2035.

Worst-Case Scenario: Benefits Would Be Cut

The Social Security Payroll Tax Rate Could Rise

More Wages Could Be Taxed

The Full-Retirement Age Could Rise

The Social Security COLA Could Be Reduced

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