Latest News

Benefits for about 76 million Americans will rise 3.6% starting in January, the largest increase since 2023. The average retirement benefit will go up by about $75 a month.

The average Medicare Advantage premium is projected to fall about 16%, to $12 a month, in 2027, while stand-alone prescription drug plan premiums rise by less than $1. Open enrollment runs October 15 through December 7.

Prescription drug prices fell 0.8% in July, and prices for medical care products are down 2.7% over the past year, according to federal data. The administration credits its Most Favored Nation drug pricing policy and the TrumpRx program.

President Trump announced that 160 more prescription drugs have been added to TrumpRx, bringing the total to more than 800, up from about 40 at its February launch. The site connects patients with drugmakers’ discounted direct-to-consumer prices and savings coupons.

Hospitalizations are double the rate from two months ago, but three times lower compared to the same time last year.

The proposed American Worker Rebate Act could put $2,400 into the pocket of a family of four.

As President Donald Trump enters the final days before his global trade deadline, tariff revenues have climbed to a record $150 billion so far this year

Hawley pledged to sponsor legislation after President Donald Trump expressed interest in sending out rebate checks last week.

For months, shoppers heard from manufacturers and retailers that President Trump's barrage of new tariffs on virtually all imports would cost them dearly. It hasn't happened, but it's complicated.

After the U.S. imposed a 17% tariff on Mexican-imported tomatoes, members of the Alabama Fruit & Vegetable Growers Association are praising the decision to end the U.S.-Mexico Tomato Suspension Agreement.

ICE agents set the record straight about their work to "protect the public" after attacks by Democrats for their deportation efforts under President Trump.

What you need to know about the Medicare data breach.

Democrats let border come "under siege," Kerry admits.

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6000. Here's what we know.

Here's how to access yours and protect your SSN from identity theft.

CMS Administrator Dr. Mehmet Oz addresses how Medicare and Medicaid can be protected from waste, fraud, and abuse, and discusses state and federal government collaboration regarding the benefits.

Concerns linger that the SSA faces a threat of insolvency within the next ten years.

President Donald Trump is seeking to combat soaring prescription drug prices in a new executive order he signed Tuesday.

Dr. Mehmet Oz will oversee how physicians are paid through Medicare.

Elon Musk shares "mind-blowing" chart on noncitizens getting Social Security numbers under Biden.

The Senate passed the Social Security Fairness Act 76 to 20, repealing the Windfall Elimination Provision and Government Pension Offset that reduced benefits for many teachers, firefighters, police officers and other public employees with government pensions.

Benefits will rise 2.5% starting in January, an average of more than $50 a month for retirees.

Donald Trump called for ending federal income taxes on Social Security benefits. About 40% of recipients currently pay tax on part of their benefits.

The latest trustees report projects the trust fund will run out in 2035, one year later than previously forecast, after which benefits would have to be reduced unless Congress acts.

The agency will now withhold no more than 10% of a monthly benefit to recover an overpayment, instead of the full check, and will allow repayment plans of up to 60 months.

Benefits will rise 3.2% in 2024, about $57 a month for a beneficiary receiving the $1,790 average benefit.

Makers of all 10 drugs chosen for Medicare’s first price negotiations, including Eliquis and Jardiance, have agreed to take part. Any lower prices will not take effect until 2026, and drugmakers are challenging the program in court.

The Social Security retirement fund is now projected to be depleted in 2033. Without changes, more than 66 million Americans could face benefit cuts of roughly 23% to 25%.

The 8.7% cost-of-living increase, the largest in about 40 years, will add more than $140 a month for the average recipient starting in January, following record-high inflation.

The standard monthly Part B premium falls $5.20 to $164.90 in 2023, and the annual deductible drops $7 to $226.

The trustees now project Social Security's trust fund will run short of money for full benefits in 2035, a year later than last year's estimate. Medicare's hospital insurance fund is now expected to last until 2028.

The standard Part B premium rises from $148.50 to $170.10 a month, well above the $158.50 estimate, and the annual deductible climbs $30 to $233.

The 5.9% cost-of-living adjustment is the largest in 39 years, adding about $92 a month for the average retired worker, to roughly $1,657.

The Social Security trustees now project the trust fund will be depleted in 2034, a year sooner than expected, as the pandemic recession cut into payroll tax revenue. Medicare's hospital trust fund is still projected to run short in 2026.

The Centers for Disease Control and Prevention released new data last week that depicts how many Americans who have died from COVID-19 also had other contributing conditions.

It's not one thing, it's everything. Older people are more likely to catch the disease, to suffer from it more severely, and to have a tougher recovery.

Some good financial advice, though mixed in with advertising for their partners.

This column is written by experts in the aging, care giving, home health, hospice and home care fields to keep you informed about growing older.

The Boomerater Report explores questions you should ask when choosing a financial advisor. Here is a question from a Boomerater member: "What are the things to consider when choosing a financial advisor? I don't have a lot to invest, but want to make sure the investments I do have are safe and positioned to grow. Also, I want to make sure I'm on the right track to maximize my retirement income."

Everyone has a different dream about retirement. Perhaps yours involves travel, taking the grandkids to museums, moving to your favorite part of the country or dedicating more time to your hobbies.

Debt likely isn't in the plans - no one dreams of living in debt, of course, but it's increasingly a reality for older Americans. A new report from the National Center for Policy Analysis shows that senior citizens are taking on more credit card, mortgage and home equity debt than ever.

The Centers for Disease Control and Prevention released new data last week that depicts how many Americans who have died from COVID-19 also had other contributing conditions.