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Retirement Uncertainty Up As Social Security And Medicare Face Long-Term Challenges
The Insured Retirement Institute (IRI) issued the following statement from IRI President and CEO Cathy Weatherford in response to reports released today by the trustees of the Social Security and Medicare programs. According to this year’s Social Security Trustees Report, the combined Social Security retirement and disability trust funds are projected to be exhausted in 2033, unchanged from last year. Meanwhile the Medicare trustees project that the Hospital Insurance Trust Fund will be able to cover its obligations until 2030, four years later than projected in 2013…Read More
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