Medicare and Social Security are facing a substantial underfunding crisis, amounting to $175 trillion according to a recent ...
In 2024, Social Security recipients got a 3.2% raise at the start of the year. Next year's raise may be a lot less substantial, but seniors might come out ahead financially nonetheless. Each ...
Not long ago, senior citizens got the two biggest annual increases in their monthly Social Security checks that most had ever ...
Anxiety over the future of Social Security largely centers on the impending insolvency of the Old Age and Survivors Insurance (OASI) Trust Fund, which is expected to run out of money within the ...
Social Security benefits are on pace to get a 2.6% cost-of-living adjustment (COLA) in 2025, a smaller raise than 3.2% in 2024. More than one-quarter of retired workers lack confidence in their ...
A new campaign season has predictably brought a new round of partisan Social Security wars. Even as the system’s trust fund moves within a decade of insolvency—which would trigger an automatic 23 ...
Donald Trump has attacked President Joe Biden's policies on illegal immigration, saying they will cause Social Security and Medicare to "collapse". "What he's doing by allowing 15 million, 20 ...
To receive Social Security benefits, you must accumulate 40 credits earned by working and paying Social Security taxes over time. Social Security payouts are based on your average indexed monthly ...
More than one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising ...
Medicare premiums are applied to the following month or months, so you are always paying your premiums ahead. This is the case for Medicare parts A, B, C, D, and ...
How the U.S. could be pinched by a government default Millions of job cuts. No Social Security checks. Disrupted services like air traffic control. Treasury Secretary Janet Yellen says these are ...
About one-quarter of U.S. adults age 50 and older who aren't yet retired say they expect to never retire and 70% are ...