The financial condition of the government’s two biggest benefit programs remains shaky, with Medicare expected to become insolvent in just six years, while Social Security will be unable to pay full benefits starting in 2035, the government said this week. ...

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Millions of retirees will get a modest 1.6 percent cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a ...

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Americans are getting older, but not this old: Social Security records show that 6.5 million people in the U.S. have reached the ripe old age of 112.

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Buried in new rules that will govern the House for the next two years is a provision that could force an explosive battle over Social Security's finances on the eve of the 2016 presidential election.

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A university and the federal government have agreed to resolve a lawsuit over taxing medical residents.

Saint Louis University sued the U.S. government last fall alleging it overpaid $24.6 million in Social Security and Medicare taxes from 1995 through March 2005.

Several other teaching medical programs have made similar claims, including Barnes-Jewish Hospital, which sued seeking a nearly $25 million refund.

Tagged with: Barnes-Jewish Hospital FICA Internal Revenue Service medical residents Medicare Saint Louis University settlement Social Security taxes

The federal government owes Saint Louis University $24.6 million in Social Security and Medicare taxes the university says were wrongfully collected on stipends medical school residents received from 1995 through March 2005, according to a federal lawsuit. The issue of ...

Tagged with: Medicare Saint Louis University Social Security

Robert A. Barnes Sr. of St. Charles pleaded guilty to one felony count of Social Security fraud last week before U.S. District Judge Charles A. Shaw. Acting U.S. Attorney Michael W. Reap said the total improperly paid to Barnes was ...

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To be guilty of aggravated identity theft, you must know the false Social Security number you're using belongs to somebody else, the U.S. Supreme Court said Monday. The unanimous decision reverses decisions by two lower courts, including the 8th U.S. Circuit Court of Appeals, that said the government did not have to prove Ignacio Flores-Figueroa, who is Mexican, knew the fake Social Security number he used belonged to another person. Flores-Figueroa, a resident of Iowa, gave the false information to his bosses at L&M Steel Services in East Moline, Ill.

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