The time frame for Social Security and Medicare to go-broke has been pushed back, helped by a stronger-than-expected economic recovery from the coronavirus pandemic.
Millennials vs. Boomers panel discusses social security fears, student debt, millennial homebuyers and growing national debt on 'Cavuto: Coast to Coast.'to go-broke has been pushed back, helped by a stronger-than-expected economic recovery from the coronavirus pandemic.
The annual Social Security and Medicare trustees report says the Social Security’s trust fund will be unable to pay full benefits beginning in 2035, instead of last year's estimate of 2034. The projected depletion date for Medicare’s trust fund for inpatient hospital care moved back two years to 2028 from last year’s forecast of 2026.
A Social Security card is displayed. The annual Social Security and Medicare trustees report released Thursday, June 2, 2022, says Social Security’s trust fund will be unable to pay full benefits in 2035, instead of last year's estimate of 2034.According to the report, "Economic recovery from the 2020 recession has been stronger and faster than assumed in last year’s reports, with positive effects on the projected actuarial status of the trust funds in these reports.
Forecasters said in the report that the ongoing COVID-19 pandemic will have no net effect on their long-range projections.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Go-broke dates delayed for Social Security, MedicareA stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.
Consulte Mais informação »
Go-broke dates pushed back for Social Security, MedicareA stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.
Consulte Mais informação »
Go-broke dates pushed back for Social Security, MedicareA stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.
Consulte Mais informação »
Economic recovery buoys Social Security, MedicareThe financial health of Social Security improved slightly over the past year. But the program’s reserves are on track to be depleted by the mid-2030s.
Consulte Mais informação »
Watchdog opens probe into huge Social Security fines to poor, disabledAn independent watchdog this week opened a broad investigation into Social Security Inspector General Gail Ennis and her office following a Washington Post report that revealed massive penalties an anti-fraud program has imposed on disabled and elderly people.
Consulte Mais informação »
Probe Aimed at Trump-Appointed Social Security IG Who Targeted Poor and People With Disabilities'It's unconscionable to pile fines on these people,' said Rep. GerryConnolly.
Consulte Mais informação »