Author Archives: Ricardo Alonso-Zaldivar

5 Things from Annual Check-Up for Social Security, Medicare

Looking at the big picture, the financial health of Social Security and Medicare doesn’t appear to have worsened.

Wednesday’s annual check-up found that Social Security’s retirement trust fund has enough money to pay full benefits until 2035, a year later than previously projected. Read More

Applying for health insurance? Homework involved

Getting covered through President Barack Obama’s health care law might feel like a combination of doing your taxes and making a big purchase that requires research. You’ll need accurate income information for your household, plus some understanding of how health insurance works, so you can get the financial assistance you qualify for and pick a health plan that’s right for your needs. Read More

Medicaid for the middle class?

President Barack Obama’s health care law would let several million middle-class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed. Read More

Your Medicare taxes won’t cover what you’ll cost

What you paid in Medicare taxes shows up on your W-2 income tax form every year. So when you retire, you want your money’s worth.

That’s how most Americans see it. In an Associated Press-GfK poll nearly 6 out of 10 said they paid into the system so they deserve their full benefits — no cuts. But a newly updated financial analysis shows that what people paid into the system doesn’t come close to covering the full value of the medical care they can expect to receive as retirees… Read More