Go-broke dates pushed back for Social Security, Medicare
FILE - A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. The annual Social Security and Medicare trustees report released Thursday, June 2, 2022, says Social Security’s trust fund will be unable to pay full benefits in 2035, instead of last year's estimate of 2034, and the year before that which estimated an exhaustion date of 2035. (AP Photo/Jenny Kane, File)
WASHINGTON (AP) — A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.
The annual Social Security and Medicare trustees report released Thursday says Social Security's trust fund will be unable to pay full benefits in 2035, instead of last year's estimate of 2034...
Support Local News
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
Daily Inter Lake - everything
Print delivery, e-edition and unlimited website access
- $26.24 per month
Daily Inter Lake - unlimited website access
- $9.95 per month