News

  • Advisor Asks July 2018

    The Senior Citizens League's members nation-wide agree that the elimination of the medical expense deduction would be a significant loss for those living on fixed incomes. I encourage lawmakers to keep this critical tax deduction in place and to take a stand for older and disabled Americans as tax reform discussions continue in the days and weeks ahead. .Medicare Part B enrollees who don't receive Social Security benefits. This includes people who have delayed the start of Social Security and all people who are billed for Medicare. According to the Kaiser Family Foundation, in 2013 about half of all people on Medicare who don't receive Social Security yet had incomes below ,000. .If signed into law, the Social Security Fairness Act would repeal the windfall elimination provision (WEP) and the government pension offset (GPO), which have long prevented certain civil servants from receiving the full Social Security benefits they have earned. TSCL believes these two provisions should be repealed, and we were pleased to see support grow for the Social Security Fairness Act this week. … Continued

  • Legislative Update For The Week Ending April 8 2011 Feed

    How can I get involved/help out? .Low-income seniors and disabled adults who qualify for benefits under both Medicare and Medicaid frequently have multiple chronic health problems, and more than half have cognitive or mental impairments. More than half of dual eligibles also have annual incomes of less than ,000, and are more likely to receive nursing .Social Security survival strategies with COLA only at 0.2% … Continued

In response to the OIG's findings, Representative Sam Johnson (TX-3) – Chair of the Ways and Means Social Security Subcommittee – said: "Overpayments are bad for everyone – they are bad for the beneficiary and they are bad for the taxpayer. With the disability program going broke next year, it is especially troubling that Social Security is failing to protect precious taxpayer dollars." .Background Information: Social Security beneficiaries received another record-low cost-of-living adjustment (COLA) of just 0.3% this year. But if the COLA were based on a more accurate measure of inflation for seniors like the Consumer Price Index for the Elderly (CPI-E), they would be receiving an increase of 2.1% according to data from the Bureau of Labor Statistics. Question: Do you support legislation that would give older Americans a more fair and adequate Social Security COLA? .TSCL is fighting the plan to chain COLAs and believes seniors need a COLA that more adequately protects the buying power of their Social Security benefits. "Members of Congress are more likely to re-think voting for legislation when they see a large number of seniors are adamantly opposed to cutting COLAs," says Hyland. To learn more about proposals that would affect your Social Security benefits, get tips on reducing your Medicare costs, and sign up for TSCL's free online newsletter The Social Security & Medicare Advisor, visit TSCL at . .3 Social Security scenarios show vastly different results .Sources: "Choices for Debt Reduction," The Congressional Budget Office, November 2012. .This week's announcement from SSA came as concerns from the Administration were rising about pending budget proposals before Congress. Lawmakers in the House have proposed more than 0 million less than the requested amount for administrative duties. SSA has said that if their proposal were to take effect, they would be forced to implement immediate furloughs, hiring freezes, and temporary office closures. .Now, with the massive amounts of money being spent by Congress to deal with the coronavirus, which is all borrowed money, we cannot help but wonder what Congress will do when the trust funds for Social Security and Medicare become insolvent. There is still time to fix the programs if the trust funds remain as they are now but cutting the payroll would be devastating and would create a new crisis for seniors that we do not need and should not have to face. .Your chance to make some changes is coming up, November 15 through December 3Since Medicare's open enrollment period is in the middle of Thanksgiving and Christmas holiday season, your best bet is to do your homework by starting now. Here are some things you should know: .Upon introducing his bill, Congressman Duncan said, "Lower energy prices have pulled down the overall official inflation rate based off of the CPI-W, which measures spending habits of young, urban workers. But seniors don't spend and consume in the same way as working Americans. It's time to finally create an accurate inflation rate just for seniors."