The Financial Translator

#106 - 2026 SS and Medicare Funding Status


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SS and Medicare Trust Funds are projected to hit $0 in less than eight years.  Payroll taxes will continue, but only cover 83% and 89% of benefits.  Here is an overview of these programs in a Q&A format.

 

Want to learn more about this? Head over to our recent blog post for more information, including graphs and visuals to walk you through this market update.

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The Financial TranslatorBy Kirk Kreikemeier, CFP®