In theory, GOP lawmakers could pursue their goals through the American legislative process. They could propose cuts to Social Security and Medicare, move the bill through committee, hold a floor debate, try to make the case for their plan’s merits, hope to persuade stakeholders ...
Get ready for these Social Security changes coming in 2023: Social Security payments will increase by 8.7%. Medicare Part B premiums will decline. The earnings subject to the Social Security tax will climb to $160,200. Social Security beneficiaries who are younger than their full retirement age...
Planning on signing up for Medicare? It tends to go hand in hand with Social Security, but you’ll need to choose which type of plan you want. And some decisions are permanent. Read through these articles to learn what types of Med...
The Social Security Administration didn't respond to requests for clarification about the issue. It's unclear if seniors would have to arrange to pay for their Medicare premiums through another payment system, or if the SSA would allow them to pay for their health care first befo...
Biden signed the Inflation Reduction Act, which starting in 2023 made it so Medicare Part D plans can only charge up to $35 per month for covered insulin treatments, while cost sharing for insulin under Medicare Part B is also limited to $35 per month. Deductibles also no longer apply to...
Entitlements,Fiscal Policy,Government Spending,MedicareSocial SecurityEntitlements,Government SpendingMedicareSocial Security21 Comments » In Part I of this series,I grousedthat Donald Trump and Kamala Harris are both very irresponsible about Social Security. Instead of proposinggood reforms(or evenbad re...
Mar 9, 2023 GOP wants to hike Social Security, Medicare eligibility age to 70 House Republicans who may regain majority in midterm elections say "miracle" of longer lives necessitates raising retirement age. Nov 9, 2022 Social Security makes it easier to change sex marker in records ...
WASHINGTON —The booming economy is generating huge tax revenues that will extend the life of the Social Security fund another three years until 2037 and give Medicare a big eight-year boost until 2023, federal officials reported Thursday.
plans, which enable you to invest on your own with an opportunity for growth and then draw from your savings in retirement. typically, retirees rely on both social security and retirement savings accounts for their retirement income. need help with your social security strategy? our advisors are...
“My work that is about protecting Social Security and Medicare is based on long-standing work that I have done — protecting seniors from scams,” Harris said. It’s unclear if Harris was referring to work she did as a prosecutor, a senator or as vice president....