Covid took one year off the financial life of the Social Security retirement fund

The Hospital Insurance Trust Fund, or Medicare Part A, which helps pay for services such as inpatient hospital care, is projected to be able to pay scheduled benefits until 2026. If the fund’s reserves are depleted, total program income will be enough to cover only 91 percent of benefits that year, and only 78 percent in 2045, according to the report for this fund.