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Funding that Social Security relies on to pay benefits will run out one year earlier than previously projected, according to a new report published Wednesday. In its annual update, the Social Security ...
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 ...
Credit: AP A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. Author: FATIMA HUSSEIN (Associated Press) Published: 5:03 PM CDT June 18, 2025 Updated: 11:01 PM CDT June 18, 2025 ...
Medicare and Social Security trust fund depletion dates moved up a few years due to rising costs, a new report says.
The report states that the Social Security Social Security Fairness Act, enacted in January, which repealed the Windfall Elimination and Government Pension Offset provisions of the Social Security Act ...
The report cited last year’s passage of the Social Security Fairness Act as a key factor behind the shift in the funds’ projected depletion dates.