Here are answers to 10 frequently asked Social Security questions, including when to file, how much recipients receive, and whether the program is in trouble. https://t.co/lSaV6FPwuX ...

Only 36% of Americans say they have confidence in Social Security’s future, according to a new survey by AARP. https://t.co/ePEeEU71NG ...

Morning everyone. Honored to be joined today by Whip Katherine Clark and caucus chair Pete Aguilar as we prepare to depart for the August district work period. The Trump administration and House Republicans have been a complete and total failure.These MAGA extremists promised that they were going to lower costs in the United States of America. In fact, they promised the American people that costs would go down on day one. But costs haven't gone down.They are on the way up. Inflation is up. It's the quality ...

As benefits are cut and Social Security approaches possible insolvency, retirees are being asked to work longer and accept fewer benefits. Is this inevitable, or is an alternative outcome possible? On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with Teresa Ghilarducci, professor of Economics at The New School, about challenging the conventional assumptions around retirement. Teresa discusses the 'retirement gap,' how retirees can speak out against cuts, and how guaranteed retirement ...

Social Security Concerns - Social Security's retirement fund could be depleted in approximately 8 years, potentially leading to a benefit cut of about 23% [1] - The depletion date for the Old-Age and Survivors Insurance (OASI) fund has moved forward by about 6 months due to the Social Security Fairness Act, and another 3 months due to lower fertility rates and worker-to-retiree ratio [7][8][12] - A couple retiring in the year of insolvency could face a $16,500 reduction in their annual benefits [13] - For a single person with a primary insurance amount (PIA) of $3,500 claiming at age 70, benefits could drop by $12,000 annually after the potential cut [15] - For a couple where one spouse has a PIA of $3,500 and the other $2,500, claiming at 70, their combined benefits could drop by $20,000 annually [15][16] Medicare Challenges - The Hospital Insurance (HI) trust fund (Medicare Part A) is projected to be depleted by 2033, three years earlier than the previous projection [5] - Medicare Part B premiums are expected to continue rising, with an example projection using a 6% annual increase [40][41] - Changes in Part D (prescription drug coverage) are causing significant price increases for consumers, with some monthly charges jumping from $3.30 to $35.90 [43][44] Healthcare Coverage Issues - Potential Medicaid cuts and changes to the Affordable Care Act (ACA) could result in approximately 8 million people losing Medicaid coverage and another 8 million losing ACA coverage [1][46] - Proposed changes to ACA enrollment involve stricter requirements and shorter enrollment windows, potentially leading to people losing coverage inadvertently [50][51]

Policy Change - Social Security Administration encourages beneficiaries to switch from paper checks to electronic payments [1]

Social Security Administration Tells Beneficiaries To Make The Switch Now From Paper Checks https://t.co/pgaJ4difEW https://t.co/6ieqYH9hRw ...

Social Security Administration Tells Beneficiaries To Make The Switch Now From Paper Checkshttps://t.co/2GCfLIBZXq https://t.co/ozxhqg685G ...

Occasionally ppl ask me:“ico why even bother with crypto since it’s all Ponzi schemes?”My answer (despite rejecting the assertion that all of crypto is a Ponzi):“you’re required to take part in the 3 largest legally protected and enforced Ponzi schemes of all time - Social Security, Medical Insurance, and real estate, all of which you’re guaranteed to ‘lose’ at because of how the system is designed. Why not take part in the only one that exists where you might actually win?” ...

RT Kellan Grenier (@kellangrenier)Re: #2 - Social Security is DOA. Long time coming. This is a far better replacement 👇https://t.co/BXpVbxVqsu ...