Saturday, April 1, 2023

Here’s What Will Happen When Social Security and Medicare Funds Run Dry

Worried senior man paying bills on laptop
astarot / Shutterstock.com

The federal government just released its annual reports on the stability and solvency of Social Security and Medicare, and there’s both good and bad news. The bad news is that one of the trust funds underlying the programs is set to run out of money sooner than previously expected — only a decade from now. The good news is that two other trust funds will last longer than previously expected.



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