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Retirement & Taxes / Social Security & Medicare

Social Security & Medicare

Benefit changes, claiming strategies, eligibility rules, Medicare enrollment, Part D updates, and policy changes affecting retirees.

Latest in Social Security & Medicare

Social Security & Medicare

SSI recipients will get two payments this month, one on July 1 and another on July 31

Supplemental Security Income recipients will see two deposits hit their accounts in July 2026, one on July 1 and another on July 31. The second...

Social Security & Medicare

93% of Medicare Advantage insurers say the business isn’t profitable, and most plan to trim 2027 benefits

Nearly all Medicare Advantage insurers report that the business is not profitable, and a majority intend to scale back supplemental benefits for 2027. That pressure...

Social Security & Medicare

The income limits that make Social Security benefits taxable haven’t changed since 1984

Millions of Americans collecting Social Security benefits face a growing tax bite because the income thresholds that trigger federal taxation of those benefits have not...

Social Security & Medicare

If your Medicare Advantage plan exits for 2027, you can buy any Medigap policy

Medicare beneficiaries enrolled in Medicare Advantage plans that withdraw from their counties for 2027 will gain a federal protection that many do not know they...

Social Security & Medicare

Newly retired in the middle of the year? You keep a full Social Security check for any month you earn under $2,040

Workers who leave their jobs in the middle of the year and start collecting Social Security before full retirement age face a common fear: that...

Social Security & Medicare

$5,181 is the largest Social Security check in 2026, and only those who wait until 70 receive it

Workers turning 70 in 2026 can collect up to $5,181 per month from Social Security, the highest retirement check the program has ever issued. That...

Social Security & Medicare

Divorced after at least 10 years of marriage? You can claim up to half an ex’s Social Security, and their check isn’t cut

Americans who ended a marriage that lasted at least 10 years can collect up to half of an ex-spouse’s Social Security retirement benefit, and the...

Social Security & Medicare

After 2034, Social Security could still pay about 83% of benefits from payroll taxes alone

Roughly 70 million Americans who depend on Social Security checks face a fixed deadline: the combined Old-Age and Survivors Insurance and Disability Insurance trust funds...

Social Security & Medicare

$30 trillion is Social Security’s new long-term shortfall after the trustees cut birth and immigration forecasts

The Social Security system’s long-term financial hole just grew by trillions of dollars, driven almost entirely by two demographic forces: Americans are having fewer children,...

Social Security & Medicare

Social Security will no longer let you change your bank details by phone; verify online or in person now

Millions of Social Security beneficiaries lost the ability to change their bank account details by phone after the Social Security Administration locked down its telephone...

Social Security & Medicare

283,000 people still get Social Security by paper check as the government ends paper payments

Nearly nine months after federal law required Social Security payments to go electronic, roughly 283,290 beneficiaries still receive paper checks, according to the latest SSA...

Social Security & Medicare

Medicare’s 2027 deal cuts 15 drugs by 38% to 85%, including Ozempic

Millions of Medicare beneficiaries who rely on some of the most expensive prescription drugs in the United States will pay sharply less starting January 1,...

Social Security & Medicare

The government’s 2027 Medicare Advantage pay bump is just 0.09%, and insurers are cutting plans as costs outrun it

Tens of millions of Medicare Advantage enrollees are heading into the next plan year under the tightest payment growth rate in recent memory. The Centers...

Social Security & Medicare

Medicare covers nursing-home rehab only after a 3-night inpatient stay; observation nights don’t count

Medicare beneficiaries who spend days in a hospital bed, receive treatment from hospital staff, and sleep in a hospital room can still be denied coverage...

Social Security & Medicare

Social Security flags about 70,000 suspicious phone requests a year, driving new ID checks

Roughly 70,000 phone requests to the Social Security Administration each year trigger fraud alerts, and a new screening system that took effect in April 2025...

Social Security & Medicare

A bipartisan bill would give a 13-member commission one year to shore up Social Security before its 2032 shortfall, but Congress hasn’t moved

More than 70 million Americans who depend on Social Security retirement benefits face an automatic 22 percent cut as early as the fourth quarter of...

Social Security & Medicare

$274 a month is what Ozempic and Wegovy will cost Medicare in 2027, down about 71%

Medicare beneficiaries who rely on Ozempic or Wegovy will pay sharply less starting in 2027 after the federal government locked in a negotiated price of...

Social Security & Medicare

$3,938.58 a month now goes to a single veteran rated 100% disabled

A single veteran with a 100 percent disability rating and no dependents now receives $3,938.58 per month from the Department of Veterans Affairs. That figure,...

Social Security & Medicare

A new House bill would raise Social Security checks by gradually taxing wages above the $184,500 cap, but it still has to clear the Senate

Millions of Americans earning above $184,500 could face new payroll taxes on a slice of their income under a House bill that would also increase...

Social Security & Medicare

23 health systems are dropping Medicare Advantage plans for 2026, sending patients to find new in-network care

Twenty-three health systems have decided to exit Medicare Advantage plan networks for 2026, forcing millions of seniors to search for new in-network doctors, switch plans,...

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