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Medicare, Social Security could fall short over next decade
An annual report on Social Security and Medicare says the financial safety nets will run short on funds to pay full benefits within the next decade.
8.7% hike to Social Security checks won’t cut it, some fear
Many Social Security recipients worry whether the biggest cost-of-living increase in four decades will be enough to cover their needs.
Social Security benefits to see biggest jump in 40 years
Millions of Social Security recipients will get a historic boost in their benefits in 2023.
Social Security boost will help millions of kids, too
It’s not just old people who will get what’s expected to be the largest cost-of-living adjustment in Social Security benefits in 40 years.
Go-broke dates pushed back for Social Security, Medicare
A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare.
Social Security COLA largest in decades as inflation jumps
Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022, the biggest cost-of-living adjustment in 39 years.
Social Security insolvency pushed up a year by COVID-19 recession
The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday.
Baltimore Social Security office slated to close next month
The Social Security Administration office at the Rotunda in Baltimore is slated to close, the latest in a string of field office closures throughout the country.
Homeless paralegal proves Social Security owes her $100K
WASHINGTON — For years, Wanda Witter has lived on the streets in Washington, D.C., trying to persuade officials that Social Security owes her more than $100,000. For years, the 80-year-old woman says people dismissed her as crazy. But finally someone listened — and on Tuesday she received a $99,999 payout, The Washington Post reported. Witter moved […]
How much more expensive is Md.? New data sheds light
Living and buying in Maryland is expensive – and it looks like it’s going to stay that way. According to recent data from the Bureau of Economic Analysis, prices in Maryland are more than 10 percent higher than the national average. The biggest driver? Rent and housing costs – Maryland homes cost 26 percent more […]
Judges must predict Social Security benefits in marital property, top Md. court says
Family-law judges must consider the splitting spouses’ anticipated Social Security benefits when calculating monetary awards in divorce cases, a divided Maryland high court ruled Tuesday.
Editorial: Fixing Social Security
There’s a right way to “fix” the Social Security system, and there’s a wrong way.
