1. Social Security is still expected to run out of money in 2034 Last year, the Trustees Report expected the theoretical combined Trust Fund balances to run out in 2034, and that's the same projection that this year's report made. Technically, there are two separate funds, one to hold disability insurance reserves and the other to hold the money that gets paid out as old age and survivors benefits. The prospects for those two funds went in different directions over the past year. For the di