Legislative Update July August 2019
Some financial advisors say that there may be some tax advantages to taking money out now while valuations are lower. This information is not intended as investment advice. We strongly recommend that you contact the custodian of your 401(k) or your financial advisor and discuss a plan for your income needs and to explore potential sources of funds. .The Notch Fairness Act In House And Senate .The FTC Advisory Group would bring together relevant government agencies, consumer advocates, and industry representatives to collect and develop model educational materials for retailers, financial institutions, and wire transfer companies to use in preventing scams on seniors. The FTC would coordinate efforts to educate the public and even the employees of key industries who often find themselves on the front lines of anti-scamming activities. … Continued
How Much Less Do Notch Babies Receive
This policy benefits immigrants who have broken U.S. immigration and employment laws and have worked using a stolen or fraudulent Social Security number. In addition, this policy flaw raises questions as to whether Social Security eligibility acts as an incentive for more illegal immigration in the future. .On Tuesday – three months later – a panel of three judges rejected the Obama administration's request in a 2-1 decision. They ruled that the state of Texas does have the legal standing to challenge President Obama's executive orders since implementing them will be costly to the state. .But he cautions that the amount of benefit from flu vaccination could be different in a different group of people. "There is a protective effect," he says. "How much is something that needs to be quantified with a more intensive study." … Continued
With respect to security: When The Senior Citizens League transfers and receives certain types of sensitive information such as financial or health information, we redirect visitors to a secure server and will notify visitors through a pop-up screen on our site. .TSCL disagrees, and we fear that if triggered, the IPAB's recommendations could result in increased costs for beneficiaries or decreased access to quality medical care. In the weeks ahead, we will continue to advocate for legislation to repeal the cost-cutting board in the House and Senate, and we will post updates here in the Legislative News section of our website. .According to information from the Medicare Rights Center, a nonprofit organization that provides Medicare counseling and educational programs, when you notify a Medicare Advantage plan after the move, then your mom's Special Enrollment Period begins the month you tell her plan, plus two more full months thereafter. .Essential Drugs Need to be made in the U.S. .This week, The Senior Citizens League's (TSCL) legislative team met with several Members of Congress and their top staff to discuss legislation that would protect and defend the Social Security benefits of seniors. In addition, members of TSCL's legislative team were in attendance at the Joint Select Committee on Deficit Reduction's first public hearing. TSCL also saw support grow for a key piece of legislation. .Near the end of this past November President Trump issued two rules aimed at lowering prescription drug prices that affect Medicare beneficiaries. The rules followed up on executive orders that Trump signed in July. .With the impeachment drama out of the way Congress really got down to business this week. Health care is the number one issue on the minds of voters as we head toward the November elections and Congress knows it. .The further we read into the Affordable Care Act, the more we learn it doesn't address the issues of rising costs and access to quality care. A majority of my patients were either Medicare beneficiaries or Medicaid recipients. I understand the importance of these issues and want you to know that I am working hard to ensure everyone, especially seniors, has access to quality care and to keep the Federal Government out of the way when it comes to making the important decisions that affect your health and well being. .On Tuesday, Alan Simpson and Erskine Bowles released a revised version of their "Moment of Truth" report, which was drafted by the National Commission on Fiscal Responsibility and Reform in 20In the new framework, the two recommend averting the sequester – the billion in automatic cuts that are scheduled to hit in just one week – and replacing it with .4 trillion in deficit reduction.