Social Security’s funds have been ‘significantly affected’ by Covid-19. Here’s how that could impact your benefits

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Social Security’s funds have been ‘significantly affected’ by Covid-19. Here’s how that could impact your benefits
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A new report shows how much benefit checks could be reduced if Social Security trust funds run out and how much next year's cost-of-living adjustment could be.

Social Security's funds could run out sooner than was believed, according to the first estimates that take into account the effects of Covid-19.

A new report released by the Social Security Administration on Tuesday reveals new estimates of just how much the Covid-19 pandemic has impacted the program's already ailing trust funds.

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