May 2005 Essma

2% COLA, 15% Jump in Medicare Part B Premium and Deductible Estimated
Seniors will continue to have Medicare cost increases that far outpace Cost-Of-Living Adjustments (COLAs) next year.

Delayed Medicare Enrollment Could Cost You Big
When should you enroll in Medicare Part B? Make the wrong enrollment choice, at the wrong time, and you may face a lifetime of premium penalties, or, no coverage at all.

Social Security & Medicare Questions
Q: According to your newsletter, there’s a law that protects Social Security benefits from reduction when the amount of the Medicare Part B premium increase is more than the amount of our annual Cost-Of-Living Adjustment (COLA). I have not had an increase in my benefits for three years because the COLA was used up by the Medicare premium increase. This year, my benefit was reduced. What recourse do I have? I am a Notch Baby as well as a widow.

Ask the Advisor: Investing Would Have Yielded More!
I think we should PROMOTE the privatization of Social Security. I am 66 and would have considerably more funds if it had been placed into mutual funds years ago. Based on what mutual funds have done over the past twenty years I would have had well over $500,000 if just a part of what I paid in had been invested. Your organization needs to talk with a financial advisor AND LISTEN.

U.S. - Mexico Social Security Agreement May Go to Congress Soon
President Bush is expected to decide soon whether to send Congress a controversial U.S. - Mexico Social Security Agreement that was signed last June.

TSCL Member Benefits - Two Great New Benefits for TSCL Members: Proflowers & CherryMoonFarms!
Cherry Moon Farms offers a delicious selection of fresh fruit and baskets.

Congressional Corner: Looking Before You Leap - Social Security Reforms and Congress
Ever since I began my career as a public official, whether it was serving as a County Commissioner, a State Senator, or today as a United States Congresswoman, I have prided myself on meeting the needs of my constituents and being an independent voice on their behalf.

Notch Bulletin: TSCL Working to Move Notch Reform Out of Committee
Long-time Notch reform advocate Ralph Hall (TX) recently reintroduced “The Notch Fairness Act” (H.R. 615).

New Medicare Costs Make Breath-taking Climb
TSCL believes that significantly higher costs for seniors and major problems for Medicare are ahead.

Legislative Update: Is There A Social Security or A Medicare “Crisis?”
Proponents of privatizing Social Security say that Social Security is “in crisis.”

TSCL Fights Greenspan Cuts
Recently Federal Reserve Chairman, Alan Greenspan urged Congress to cut Social Security benefits.


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