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December 2002/January 2003 Essma
Social Security & Medicare Q&A: What earnings are allowed before I start losing benefits? I took early retirement at age 62, but continue to work. How much may I earn? Use High Health Care Expenses to Lower Your Tax Bill If you have high health care expenses, but a modest income, it may be to your advantage to itemize on income taxes. How to Get a Better Buy On Prescription Eyeglasses Medicare does not cover the cost of prescription eyeglasses. Here are some ways to get the most for your money. Legislative Update: Government Wasted $19 Billion in 2001 Congress was ignominiously unsuccessful in achieving either a Medicare prescription drug benefit or Notch Reform again in 2002. Final Rule Issued for Medicare Drug Discount Cards The Bush Administration is once again trying to offer prescription drug discount cards endorsed by Medicare. TSCL Members Enthusiastically Contribute to Willard Scott’s New Book Here’s an excerpt of one of our favorite submissions for Willard Scott's book request. What’s New Online Is Congress dragging its feet on Notch Reform to have more money for “pork” and a pay raise?; Is your Member of Congress responsive to constituents?; Do you have a tip to save money on health care costs or other expenses?; Plus, protect yourself from senior scams. Notch Reform Bulletin: Support Continues to Build for Lump-Sum Notch Reform The support for Lump-Sum Notch Reform continued to grow in 2002. COLA 1.4%; Medicare Premium Jumps 8.7% Seniors will receive a meager 1.4% Cost-of-Living Adjustment (COLA) in January while Medicare premiums are increasing a hefty 8.7%. CBO Forecasts Lower Social Security COLAs, Higher Medicare Costs The government will spend less on Social Security Cost-of-Living Adjustments (COLAs) in 2003 and 2004. Ask the Advisor: CPI Corrections Also Hurt the Disabled I applaud your efforts to get Congress to stop reducing COLAs based on "correcting" the CPI.
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