Archive: Alicia H. Munnell

Social Security card on top of paystub showing federal tax deductions

It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives. To read about our federal finances, one would think we had been overtaken by forces beyond our control: extremely expensive healthcare programs, ever-growing interest payments on our debt, and runaway Social Security benefits…

Senior couple buying prescription medicine in drugstore

The increase in Medicare Part B premiums has sparked concerns about out-of-pocket healthcare costs. The 10-percent increase in Medicare Part B premiums for 2026 has reignited concerns about how much Social Security and total income people will have after they cover their out-of-pocket (OOP) health spending.  Fortunately, my colleague Matt Rutledge has updated earlier researc…