News

If you're planning to retire at the end of this decade, you only have about 60 months left to squirrel money away and plan ...
Many people see the term FICA on their paychecks without knowing exactly what it means. Far from being just a tax, this code ...
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 ...
From 2026, the full retirement age for Social Security will be 67 for those born in 1960 or later. This change, rooted in the ...
This year’s trustees’ report points to a pivotal moment: “In 2025, Medicare’s annual cost is about 75% of Social Security’s annual cost.
Payroll taxes — 6.2% for Social Security on earnings up to $176,100 in 2025 and 1.45% for Medicare on all wages — remain the programs' primary revenue source.
WASHINGTON (AP) — The go-broke dates for Medicare and Social Security 's trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have ...