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With Social Security trust funds estimated to run out in less than a decade, some Americans wonder if Congress will step in ...
Income for the lower and middle classes is stagnant: Only income up to a certain amount is subject to Social Security payroll ...
The Senior Citizens League, a nonpartisan advocacy group, recently estimated that 21.8 million seniors today get by on Social ...
The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.
The long-term outlook for the Social Security trust funds has declined slightly, the latest annual report from the program’s ...
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
Social Security’s trust funds are expected to run out of money in 2034, one year earlier than last year’s projection, the Social Security and Medicare Boards of Trustees said in a report on ...
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.
The trust funds that the Social Security Administration relies on to pay millions of U.S. retiree benefits could be depleted by 2034, according to a government report released this week.
Last Updated: June 18, 2025 at 11:15 p.m. ET First Published: June 18, 2025 at 4:51 p.m. ET ...
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
The Social Security trust fund is expected to run out of money by 2033, according to a new report. Unless Congress acts before then, benefits for millions of retirees will be cut by 23%.
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