Time Is Running Out on Social Security Benefits.
Published In: Kiplinger Personal Finance, 2025, v. 79, n. 9. P. (Sp)4 1 of 2
Database: Academic Search Ultimate 2 of 2
Abstract
The article discusses the impending cuts to Social Security payments, which are projected to occur in eight years unless Congress addresses the program's financing. The Social Security trust fund is expected to be depleted by 2033, with Medicare's hospital insurance fund also running out in the same year. The article highlights the impact of recent legislative changes, demographic trends, and economic factors contributing to this situation, emphasizing the importance of Social Security for over 69 million Americans. Additionally, it touches on issues related to Medicare Advantage plans, retirement planning for longer life spans, and the increasing marijuana use among older adults. [Extracted from the article]
Additional Information
- Source:Kiplinger Personal Finance. 2025/09, Vol. 79, Issue 9, p(Sp)4
- Document Type:Article
- Subject Area:History
- Publication Date:2025
- ISSN:1528-9729
- Accession Number:186893943
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