Americans who work past traditional retirement age are extending their productive lives. They're also paying taxes longer, which may have big implications for the country's finances. Economics correspondent Paul Solman reports.

We need to have a talk about your future. You're going to die. We all are. And it's probably going to be expensive. This week on CC Econ, Adriene is talking about the economics of death. Some of the expense is tied to the cost of...

Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so expensive, and what exactly we get for all that money. Spoiler alert: countries...

At the end of 2012, the US political system was headed for the "fiscal cliff" -- a budget impasse that could only be solved with bipartisan agreement. Adam Davidson, cohost of "Planet Money," shares surprising data on how bipartisan we...

Today, Craig is going to dive into the controversy of monetary and fiscal policy. Monetary and fiscal policy are ways the government, and most notably the Federal Reserve, influences the economy - for better or for worse. So we’re going...

The Trump administration announced its intent to stop making risk adjustment payments to insurers on the ACA marketplaces.

One of the original justifications for Medicare is that older people have much higher health care needs and expenses. But there are a few common misunderstandings about health costs when people are older, including the idea that money...

The US healthcare system has a lot of issues, but one thing it's got going for it is innovation. More clinical trials originate in the United States, and more Nobel Physiology and Medicine Laureates are from here than from any other...

Three years ago, and without notice, data about patients with substance use disorders began to disappear from Medicare and Medicaid files widely used in health services research. Because researchers had been afforded access to those data...

Florida Governor Rick Scott tries to scare voters by claiming that Democrats are going to undertake socialist experiments with Medicare, which is in itself a socialized medicine program. Also, a surprising entrant into the opioid...

We really need good treatments for Alzheimer's. But Biogen's very expensive and maybe not that effective drug Aduhelm is not the treatment we're looking for. Today we look at the saga of Adulhelm's approval and it's road to acceptance...

We've been getting a lot of requests to talk about the health care systems of different countries. It's really hard to compress the complexities of each into an episode, but we're going to try. First up is the United States. Others will...

The Seven Key Milestone Ages in Retirement

Struggling seniors have had a lot to worry about in 2022. There’s some good news for 2023, though, that may make life a little easier, such as a Social Security raise.

What are Self Employment Taxes? What are Payroll Taxes?

Payroll taxes are taxes created by the federal income contributions act or FICA. Payroll taxes are an obligation shared by employers and employees to fund Social Security and Medicare programs. An employer withholds FICA taxes from an...

What is the Self-Employed Contributions Act (SECA)? The self-employed pay Self-Employed Contributions Act (SECA) taxes on net earnings. SECA taxes also fund Social Security and Medicare. The self-employed pay both the employee and the...

Employer Payroll Tax (Accounting) example

Accounting for Employee Payroll Deducations - Accounting

Health insurance: the holy grail of the US hospital patient. While it isn’t perfect, it does often make a big difference in a patient’s bottom line. That’s not only because it helps pay the bills - it turns out that when you don’t have...

What exactly is medical tourism? How safe is it to travel to another country for a medical procedure? And what about mixing a little vacation with some dental work? As of 2020, approximately 1 in 10 people in the US under the age of 65...

Paycheck deductions can feel confusing, especially when your pay stub is filled with numbers you can't make sense of. Here's how to use those deductions to maximize your financial benefits.

Why are prescription drugs so expensive in the United States? Why does the same medication cost significantly less in other countries around the world? Today Danielle examines the history of pharmaceutical regulation in America and how...

The way we pay for medical care isn't like any other kind of transaction--and healthcare companies can use that leverage to get as much money from you as possible!