The combined trust funds for Social Security are projected to run out in 2034, a year earlier than previously predicted, a board of trustees of the program’s accounts said in a new report released Wednesday.

The report projected that the program’s Old-Age and Survivors Insurance (OASI) fund would be able to cover “100 percent of total scheduled benefits until 2033,” while the Disability Insurance (DI) trust fund is estimated to be able to pay “100 percent of total scheduled........

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