By 2032, the Social Security Administration projects that its OASI Trust Fund will become insolvent. Social Security reform is inevitable and could take many forms. The SSA could cut benefits, or freeze or slow cost-of-living adjustments (COLAs). They could start means-testing recipients to deny or reduce their benefits. Tax attorney and accountant Chad Cummings of Cummings & Cummings Law notes that Congress could raise the retirement age for benefits: “Lawmakers in both parties have proposed raising the ...