The Latest Breaking News from Medicare

Policymakers will need to patch the Social Security program by 2033 to avoid draconian cuts in benefits, a year earlier than had been predicted. A trust fund for Medicare will run out of cash by 2031.

WASHINGTON — The Social Security system’s retiree fund will be able to fully pay scheduled benefits until 2033, one year earlier than reported last year.

Social Security’s finances worsened over the past year while Medicare's improved slightly, according to government actuaries.

Key planning strategies like asset location and Roth conversions can dramatically reduce the taxes you pay throughout retirement and your heirs’ tax liability.

Labor and coalition camps expect the Liberal Party to retain the Melbourne seat of Aston after Alan Tudge's retirement triggered a by-election.

Necho Brocchi was in the early stages of medically transitioning when she said she was fired for being trans.

NEW YORK — Mayor Eric Adams signed off on a contract Thursday that will eliminate traditional Medicare coverage for retired city government workers and shift them into a privatized version of the program instead — a highly controversial move that immediately drew a lawsuit threat from a grassroots retiree group.

House Budget Chairman Jodey C. Arrington said Congress needs to lift the debt ceiling and impose fiscal controls “immediately".

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.36%. U.S. stock indexes this morning are moderately higher. Strength...

In the federal budget standoff, the majority of U.S. adults are asking lawmakers to pull off the impossible: Cut the overall size of government, but also devote more money to the most popular and expensive programs

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.49%. Stock indexes Tuesday posted moderate losses, with the Nasdaq...