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Trustees Reports project Social Security and Medicare trust funds will be depleted by 2033-2034, triggering benefit cuts. Key drivers include increased benefits, slower wage growth, and rising ...
A new 2025 report warns of looming Social Security benefit cuts unless Congress acts. Here's what retirees and beneficiaries need to know.
Rising costs and an aging population mean Medicare is in danger of running short of funds in about eight years, trustees ...
The trust funds are expected to run out of money in 2034, one year earlier than last year's projection Social Security's trust funds are expected to run out of money in 2034, one year earlier than ...
Millions of older Americans depend on Social Security to cover their retirement expenses. But the fear is that the program ...
Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
The go-broke date — or the date at which the programs will no longer have enough funds to pay full benefits — was pushed up to 2033 for Medicare’s hospital insurance trust fund, according to the new ...
The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...
But recent policy changes are poised to make life significantly harder for Baby Boomers. “If you’re in your 60s or 70s, what ...
The number of retirees claiming Social Security at age 62 declined between 2019 and 2023 among men and women, according to ...