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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 ...
Rising costs and an aging population mean Medicare is in danger of running short of funds in about eight years.
Millions of older Americans depend on Social Security to cover their retirement expenses. But the fear is that the program ...
The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...
Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
The number of retirees claiming Social Security at age 62 declined between 2019 and 2023 among men and women, according to ...
Social Security will not be able to fully pay-out monthly benefits in less than ten years if Congress does not take action.
A new law is placing more urgency on lawmakers to make changes to Social Security, otherwise recipients will see lower ...
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...
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