The long-term outlook for Social Security remains bleak, but the projected deficit has actually shrunk a little since last year's Board of Trustees report. Aiding the improvement is the fact that the trustees have decided to factor taxes paid by illegal immigrants into the deficit equation. (Yes, you read that correctly.) Don't get your hopes up, though, if you're many years away from retirement: The Social Security Administration still expects that the program will no longer be able to pay full benefits beginning in the year 2041, unless payroll taxes are increased, benefits are reduced, or the Feds adopt some combination of the two.
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Social Security: Will it be there when you're ready?
The long-term outlook for Social Security remains bleak, but the projected deficit has actually shrunk a little since last year's Board of Trustees report.
The long-term outlook for Social Security remains bleak, but the projected deficit has actually shrunk a little since last year's Board of Trustees report. Aiding the improvement is the fact that the trustees have decided to factor taxes paid by illegal immigrants into the deficit equation. (Yes, you read that correctly.) Don't get your hopes up, though, if you're many years away from retirement: The Social Security Administration still expects that the program will no longer be able to pay full benefits beginning in the year 2041, unless payroll taxes are increased, benefits are reduced, or the Feds adopt some combination of the two.
GI Alliance taps IKS Health’s AI platform to streamline revenue cycle
Ep. 61: Prior authorization with Heather Bassett, MD
Untangling practice challenges: Unlocking audit-proof revenue
Ep. 54: Medicare cuts and physician challenges with Norman K. "Kip" Beals III, MD
Stop scrambling, start strategizing: Shift how you run your medical practice
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GI Alliance taps IKS Health’s AI platform to streamline revenue cycle
Ep. 61: Prior authorization with Heather Bassett, MD
Untangling practice challenges: Unlocking audit-proof revenue
Ep. 54: Medicare cuts and physician challenges with Norman K. "Kip" Beals III, MD
Stop scrambling, start strategizing: Shift how you run your medical practice
Seven steps to boost cash flow for your health care practice