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Best Ways To Save To Save July 2020
Assistance in paying for low cost home weatherization to make your home more energy efficient. .First, re-shop your Medicare prescription drug coverage every fall during Open Enrollment season -- and the same goes for Medicare Advantage if you're in one of these plans. Insurance companies often change their offerings year-to-year in ways that can increase drug costs by hundreds of dollars, or make it more difficult to get certain drugs. At the same time, your drug needs may have changed since the last plan selection period in ways that make a plan less beneficial for you. .SSA Reports Massive DI Overpayments … Continued
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How The Unresolved Deficit Affects Seniors Take Tscls Annual Senior Survey
In the meantime, the chairman of the influential Senate Finance Committee Chuck Grassley (R-Iowa) will re-introduce a drug pricing package (S. 2543) he assembled with the ranking member of his committee, Ron Wyden (D-Ore.), and soon call on Senate leaders to allow debate on the measure, a Grassley spokesman announced last week. .Please visit our Notch Reform Section for the most up-to-date information. .The Senior Citizens League enthusiastically supports H.R. 1205, H.R. 6251, H.R. 4957, and H.R. 2212, and we were pleased to see support grow for them this week. For more information about these and other TSCL-backed bills, visit the Bill Tracking section of our website. … Continued
House Debates IPAB Repeal Bill .Senate Committees Question OMB Nominee .Rep. Peter DeFazio (OR-4) introduced H.R. 1031 on March 7, 201It has since been referred to the Committee on Ways and Means and the Committee on the Budget. .Every day approximately ten thousand people reach their retirement age. Many have spent a lifetime working to care for their families and save for retirement all while paying federal taxes. The taxes paid into Social Security and Medicare have helped make these programs successful for past generations of retirees. .Last week we learned that the top attorney in the Department of Health and Human Services (HHS), warned department officials that the program is potentially illegal because it could be in violation of federal election laws. .TSCL surveys confirm that costs for older Americans continued to climb despite no COLA this year. A recent TSCL survey found that 72 percent of respondents reported that their monthly household expenses rose by more than in 2015. .The ,400 stimulus checks will help millions of retirees to cope at a time when Social Security checks don't buy as much due to low COLAs while food and energy costs are climbing. The Senior Citizens League supports boosting Social Security benefits and tying the annual COLA to a consumer price index that more closely reflects the spending patterns of older Americans. To learn more and participate in surveys visit . .The revenues from taxation of benefits are earmarked for funding Social Security and Medicare benefits. "Those revenues take on added importance for the 2020 tax year, as the coronavirus takes a significant toll on Social Security and Medicare payroll tax revenues," Johnson says. .To stay updated on TSCL's legislative efforts and their progress in Congress, visit the Legislative News section of our website. You can also find us on Facebook or Twitter for more frequent legislative updates.
