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Tune in to Bridging the Retirement Gap, Sundays at 1:00 p.m. on News Radio 106.7.

CURRENT EVENTS

  • AARP Responds to 2023 Social Security and Medicare Trustees' Reports March 31, 2023 4:32 pm Benzinga WASHINGTON, March 31, 2023 /PRNewswire/ --— AARP CEO Jo Ann Jenkins issued the following statement in response to the Medicare and Social Security Trustees' reports released today: "Today's Social Security and Medicare Trustees reports …
  • Social Security is now projected to be unable to pay full benefits a year earlier than expected March 31, 2023 4:27 pm MarketWatch Social Security’s trust funds will become depleted in 2034, with 80% of benefits payable at that time. Last year, the Social Security and Medicare Board of Trustees expected the Social Security cuts would begin in 2035. Social Security has two programs, …
  • Nasdaq Surges Over 100 Points; G Medical Innovations Shares Plunge March 31, 2023 4:25 pm Benzinga U.S. stocks traded higher midway through trading, with the Nasdaq Composite jumping more than 100 points on Friday. The Dow traded up 0.69% to 33,086.43 while the NASDAQ rose 1.01% to 12,134.43. The S&P 500, also rose, gaining, 0.78% to 4,082.51. Check …
  • Social Security Trust Now Projected to Run Dry in 2033 March 31, 2023 4:06 pm Barron's Text size Social Security’s retirement trust fund is projected to run dry in 2033, one year earlier than previously estimated, according to a report released Friday. This acceleration comes after the program’s trustees lowered their expectations for gross …
  • Social Security and Medicare Funds Still Face Long-Term Shortfalls, Report Says March 31, 2023 4:04 pm The New York Times WASHINGTON — The financial health of Social Security and Medicare, two of the nation’s most crucial safety-net programs, continues to be strained as the U.S. economy faces the prospect of sluggish growth, underscoring the pressure lawmakers in Congress and …
  • Medicare, Social Security could fall short over next decade March 31, 2023 3:59 pm KCAU - Iowa WASHINGTON (AP) — The financial safety nets millions of older Americans rely on and millions of young people are counting on will run short of money to pay full benefits within the next decade, the annual Social Security and Medicare trustees report …