This 2026 revision of a 2023 issue brief includes updated projections of the Social Security’s combined trust fund reserves which are projected be depleted around 2034. At that time, its income would be able to pay only about 80% of the benefits scheduled for its anticipated 81 million beneficiaries. It is important that Congress focus sooner rather than later on solvency as delay narrows the viable options to those that rely on significant tax increases.