Medicare and Social Security go-broke dates pushed up due to rising health care costs, new SSA law BY Associated Press Washington, D.C. UPDATED 5:08 PM ET Jun. 20, 2025 ...

Social Security is now expected to be insolvent in 2033, necessitating a 23% cut in benefits. The Medicare hospital fund will run out the same year, requiring an 11% spending cut.

So, while Social Security remains a bad idea, it’s a bad idea that we all know, and that most of us have worked around. See the earlier comment about the density of financial service firms.

How to make sure you still get your benefits on time. Paper Social Security checks will be eliminated on Sept. 30 By Jessica Hall Published: June 19, 2025, 10:00 a.m. ET Share ...

As Elon Musk took a figurative chainsaw to the Social Security Administration earlier this year, there were those, like U.S. Rep. John B. Larson (D-Connecticut), who suspect the move had a lot to ...

The Medicare and Social Security trust funds are facing insolvency, with Social Security projected to cover only 81% of benefits by 2034 and Medicare just 89% of benefits by 2033.

The trust funds that help pay Social Security benefits to millions of Americans are due to run out of money in less than a decade. In an annual report released on Wednesday, trustees of the Social ...

If you know anyone on Social Security, you may have heard them complain that their checks don't go far enough. While the average monthly benefit has now climbed to nearly $2,000, that's still well ...

Anyone lucky enough to be cashing Social Security retirement checks of $5,108 per month now has annually earned at least an inflation-adjusted equivalent to $176,100 (in 2025 dollars) during at ...

Social Security is on track to deplete its trust funds by 2034, one year sooner than previously forecast, when the federal retirement program will be required to cut monthly benefits by about 20%.

Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don't act to address the program's pending ...