This big adjustment that will hit the Social Security program in 2025 will impact Medicare and the amount that beneficiaries receive.
The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary. The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary.
Letters: Musk, Ramaswamy will declare war on seniors. Developing good citizens is the key to our future. Democrats should call for Trump's resignation.
Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our nation's retirees. But he's not oblivious to the fact that altering Social Security comes with potentially negative ramifications. While speaking at the Conservative Political Action Conference in March 2013, Trump said:
Social Security and Medicare are slowly running out of money, but what does that mean for the retirees counting on them? Actually, it's not all bad news.
Dear Toni, I had no problem opening the "My Social Security" account to enroll in Medicare because I knew those answers.
Almost all Social Security beneficiaries are familiar with the most popular and publicized change: the increase in monthly benefit checks for 2025 due to the automated cost-of-living adjustment, or COLA. As you already know, that increase will be 2.5%.
Original Medicare's premiums and deductibles went up in 2025. The Part A annual deductible increased from $1,632 to $1,676, and the Part B annual deductible rose from $240 to $257. Most seniors don't pay a premium for Part A,
Without any changes to the program, the fund is set to run out of money for full payments by as early as 2035.
Francois Melese warned in a recent op-ed of the damaging effects of Trump's plan to end Social Security taxes.
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
Toni, Last week's Medicare Part D question was from Tonya regarding discovering that she and her husband are receiving an "extra" Part D premium, which she never knew about.