Welcome to the Money blog, Sky News' personal finance and consumer hub. Inflation has come in at 3.4% for May - follow what ...

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

For millions of American seniors, Medicare is a cornerstone of their healthcare security. It's a promise kept after a ...

Although Donald Trump didn't hold up his end of the bargain by eliminating the taxation of benefits, select retirees are ...

Millions of older Americans depend on Social Security to cover their retirement expenses. But the fear is that the program ...

Social Security's reserves could be depleted by 2033, according to the 2025 Social Security and Medicare Trustees annual report released Wednesday.

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...

T he House of Representatives recently passed a significant tax bill. Still, it does not include the elimination of taxes on Social Security benefits, which was a key proposal fro ...

"Net immigration levels," including legal and illegal immigration, are "key" variables in the Medicare program's forecasts, the Medicare trustees' report says. Higher levels of legal and "other than ...

The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.