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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.
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 ...
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.
Working more than 35 years doesn't necessarily help either, by the way, unless some of those years are significantly higher-earning years that will displace lower-earning ones when the SSA looks ...
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 Brief According to a recent report, money for Medicare and Social Security may run out by 2033 and 2035. Once funds are depleted, Medicare would only be able to cover 89% of patient costs. If ...
Social security benefits to rise 2.5% in 2025 Social Security recipients will receive a 2.5% increase in their monthly checks in 2025. Analysts had predicted a 2.5% bump for 2025, which is smaller ...
The go-broke dates — or the dates at which the programs will no longer have enough funds to pay full benefits — for Medicare and Social Security’s trust funds have moved up.