Archive: Alicia H. Munnell

Changing Social Security to a flat benefit for all would put both workers and the poor at risk. Social Security is this country’s most important and most popular program. However, changes will be needed soon, as the program will not be able to pay full benefits once the retirement trust fund is depleted in 2033…
Keeping healthcare costs under control is crucial for retirees. Something good recently happened. The Centers for Medicare and Medicaid Services (CMS) announced that its proposed average increase for 2027 in the rates that Medicare pays insurers for Medicare Advantage plans is projected to be only 0.09 percent. Analysts had predicted that the 2027 rate increas…