Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.

Government pensions are valuable retirement benefits, but they have long come with a downside. A non-covered pension had the potential to reduce someone's Social Security benefits by hundreds ...

"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...

Medicare's hospital insurance trust fund is now projected to run out by 2033, three years earlier than last year’s estimate.

Social Security is a cornerstone of retirement planning for millions of Americans, providing a vital safety net for seniors, ...

This June 2025, millions of retirees in the United States will see a significant boost in their monthly Social Security ...

Flowers, who is also president of the City of Norfolk Retired Employees Association, said the president’s signature ended a long effort to eliminate provisions of federal law that reduced Social ...