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.
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Ep. 54: Medicare cuts and physician challenges with Norman K. "Kip" Beals III, MD
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Medical Economics Insider: Save your practice
Ep. 54: Medicare cuts and physician challenges with Norman K. "Kip" Beals III, MD
Coming March 31: Medical Economics Insider
Ep. 52: Private equity and hospital consolidation with Yashaswini Singh, PhD, MPH
Wyden pushes Bipartisan Health Care Act, Medicare reimbursement boost as government shutdown looms
CMS to end key primary care payment models prematurely, citing cost and effectiveness