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Trustees report: Social Security, Medicare hitting rocky road

The trust fund that supports Medicare is now projected to run out of money in 2028, two years earlier than projected last year.

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European Union

Crisis or speed bump? What UK vote on European Union means

Britain’s vote to leave the European Union adds a heavy dose of uncertainty to a world economy that is still struggling to reach full speed years after the global financial crisis.

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Posted in Finance & Work, Your Money0 Comments

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Why people avoid long-term care planning

Demand for long-term care is expected to increase as the nation ages, but the majority of Americans 40 and older lack confidence in their ability to pay for it.

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Money

Retirement investment advice rule moves to courts

Until this week, Congress had taken the lead in resisting the new rule, with Republicans saying it will cut lower- and middle-income investors off from receiving affordable retirement advice.

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How to shop for lower prescription drug prices

More than a dozen websites and apps are vying to help U.S. consumers find the lowest prices for prescription drugs by comparing prices and searching for deals, similar to the way Expedia looks for cheap airfare or Bankrate.com looks for low mortgage rates.

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Why Social Security faces a certain crisis

In February, polling data revealed that questions surrounding the long-term financial stability of Social Security have pushed the program ahead of joblessness as the top economic concern of the voting public.

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