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 ...

The go-broke date — or the date at which the programs will no longer have enough funds to pay full benefits — was pushed up ...

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 ...