Social Security turns 90 amid funding crises, facing cuts or privatization.

Social Security, marking its 90th anniversary, faces a funding shortfall and discussions of privatization. With the go-broke date moved up to 2034, the program may only pay 81% of benefits after this year. Proposals to address the shortfall include limiting benefits for wealthy retirees or adjusting minimum benefits and benefit growth. Despite these challenges, the program remains crucial for millions of Americans.