That's when the trust funds that underpin Social Security and Medicare are due to run low, which will mean that benefits get cut by a statutory amount. While Social Security gets most of the attention ...

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 ...

Rep. Mike Thompson (D - St. Helena) was joined by the 17th commissioner of the Social Security Administration and former ...

Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.

Social Security will not be able to fully pay-out monthly benefits in less than ten years if Congress does not take action.

Alarm Bells Ring as Social Security Faces Depletion Within a Decade** A newly released report from the Social Security Board of Trustees has delivered alarming news that should ...

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 ...

The number of retirees claiming Social Security at age 62 declined between 2019 and 2023 among men and women, according to ...