opinion Nolan Finley The Detroit News Published 3:00 p.m. UTC Jun 10, 2018 I've got to quick go see my doctor. For years he's had me on a health maintenance plan with the goal, he says, of keeping me alive until I'm 90. Now I need him to ease back on the medicine and good living advice. I'm not sure my money will hold out that long. News out this week that both Social Security and Medicare have accelerated their race toward the brick wall of insolvency should have us all worried the resources we've counted on to carry us through retirement will peter out before we do. This week we learned Social Security will spend more than it collects this year for the first time since 1983. Unless trends change, the new go-bust date for the retirement program is 2034. That's just 16 years from now. I'll be 79, and hope I'll have a few years left, though I doubt I'll be in shape to go job hunting. Even worse news is that Medicare, the retiree health care … [Read more...] about Finley: Darn. I may outlive Social Security
Saving social security
Last Updated Jun 9, 2018 2:43 PM EDT An unexpected weakening in the finances of Social Security and Medicare has raised concern about the bedrock programs for the middle class. The problems may only keep getting worse in a time of political tension and deep partisan divisions.Here are some questions and answers on an issue that ultimately will affect every American family and isn't going away:What's new?The government's annual Trustees Reports on the programs shows the financial condition of both worsening significantly since last year. The projected insolvency for Social Security stayed unchanged — in 2034 — but Medicare's moved three years closer, to 2026.A more immediate warning signal caught the eye of experts.Both programs will start tapping their reserves this year, meaning that income from payroll taxes and interest earned by the Social Security and Medicare trust funds will no longer cover costs. That threshold was still a few years away in the 2017 checkup."The … [Read more...] about How worried should you be about Medicare and Social Security lasting?
Ricardo Alonso-zaldivar, Associated Press Updated 9:48 pm, Friday, June 8, 2018 Photo: Patrick Semansky, AP Image 1of/1 CaptionClose Image 1 of 1 FILE - In this Jan. 11, 2013 file photo, the Social Security Administration's main campus is seen in Woodlawn, Md. A significant worsening in the financial condition of Social Security and Medicare and bitter political divisions among lawmakers who'd have try to find solutions have raised the level of concern around the government's latest status report on the two bedrock programs. less FILE - In this Jan. 11, 2013 file photo, the Social Security Administration's main campus is seen in Woodlawn, Md. A significant worsening in the financial condition of Social Security and Medicare and bitter ... more Photo: Patrick Semansky, AP Should you be worried about Social Security and Medicare? … [Read more...] about Should you be worried about Social Security and Medicare?
Facebook users in the United States who want to run certain ads on the platform will need to hand over the last four digits of their social security number and a picture of a government-issued ID.The social network now requires anyone who wants to run ads related to political campaigns, civil rights, immigration, guns, economy, and other issues, to prove they're in the United States. Part of the proof required is the last four digits of your Social Security number.The move is part of a series of initiatives by Facebook to increase transparency on the platform after a Russian government-linked troll group spent thousands of rubles on Facebook ads targeting Americsans ahead of the 2016 presidential election.In addition to a Social Security number, users wishing to buy ads will need to provide a picture of a government-issued ID and a US mailing address. Once Facebook verifies the information submitted, the company will mail a code to the provided address to … [Read more...] about Facebook now requires your Social Security number to buy political ads
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Get There Perspective Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events by Michelle Singletary by Michelle Singletary Email the author April 30 at 7:27 AM Email the author The Social Security Administration increased benefits by 0.3 percent in 2017. (Bradley C. Bower/AP) A key part of your retirement planning should be an understanding of your Social Security benefits. This monthly check is a safety net, and the timing of when you start taking benefits can be a game changer. “If you have average earnings, your Social … [Read more...] about What you don’t know about Social Security could cost you a lot of money