Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

The tax deduction is not for all Social Security recipients. It would not apply to dependents, deceased workers’ survivors or disabled workers. A tax cut specifically for Social Security recipients ...

Medicare and Social Security trust fund depletion dates moved up a few years due to rising costs, a new report says.

Credit: AP A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. Author: FATIMA HUSSEIN (Associated Press) Published: 6:03 PM EDT June 18, 2025 Updated: 6:24 PM EDT June 18, 2025 ...

The go-broke dates — or the dates at which the programs will no longer have enough funds to pay full benefits — for Medicare and Social Security’s trust funds have moved up.

Meanwhile, Social Security’s trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year’s estimate of 2035.

The Brief According to a recent report, money for Medicare and Social Security may run out by 2033 and 2035. Once funds are depleted, Medicare would only be able to cover 89% of patient costs. If ...

Published June 18, 2025 4:39pm EDT Money FOX 5 Atlanta Social security benefits to rise 2.5% in 2025 Social Security recipients will receive a 2.5% increase in their monthly checks in 2025.