News

  • An Emergency 2 5 Cola Could Add 5000 To Your Social Security Income Over The First Ten Years

    Sources: 0.3% COLA Announced, The Social Security Administration, October 19, 201"Long Term Impact of Low COLA Growth," Mary Johnson, TSCL, August 31, 2016. .Super-Committee Republicans offer a 300 billion dollar tax-revenue concession. After an initial pledge not to raise taxes over the next decade, Republicans are willing to allow tax increases to help meet the 1.2 trillion dollar debt-reduction mandate by November 23rd. .Alexandria, V An overwhelming majority of seniors oppose two Medicare changes that are among the most widely - discussed reforms in Congress, according to a new survey by The Senior Citizens League (TSCL). Eighty-one percent of seniors strongly oppose a proposal that would impose a significantly higher annual deductible while restricting supplemental Medigap plans from covering the cost. Only 1 percent of those responding favored the idea. Seventy - four percent also strongly oppose replacing Medicare with a premium support system of private health plans, and giving beneficiaries a premium subsidy or voucher to shop for a new health plan. Just 5 percent said they favored this idea. "Both plans shift costs to seniors, something the vast majority can ill afford," says TSCL Chairman Ed Cates. … Continued

  • Social Security Medicare Questions June 2011 Advisor

    Though these scam attempts can be daunting, we can defeat them with vigilance, education, accountability and protection. And the burden is not just on our seniors – it's on each of us to stand together as a community against these attacks. .People most at risk of owing taxes include: .The extensions will cost approximately 0 billion over ten years, and billion of that will be paid for by spending cuts and revenue increases. The remaining 0 billion, however, will be added to the budget deficit. … Continued

This week, the Senate returned from break and President Barack Obama delivered the State of the Union address. New co-sponsors were also added to a pair of Social Security bills, and negotiations continue on how to fund the "doc fix." ." ‘If it comes to getting my family members vaccinated, and all that's available is J&J or Novavax, I'd tell them to take it,' said Robert Hancock, president of the Texas College of Emergency Physicians." .TSCL is working for the re-introduction of the Notch Fairness Act. This. Benefit Bulletin: August 2012 TSCL Chairman Larry Hyland Congratulates Representative Mike McIntyre (NC-7) .Senator Sanders said at the hearing: "Constituents are sick and tired of getting ripped off by drug companies and paying the highest prices in the world … The real issue is whether Congress has the guts to take on the powerful pharmaceutical industry." .Because of the collapse in the real estate market, experts say that thousands of seniors who need assisted living or nursing home care are remaining in their homes longer because they can't sell or get the price they need to cover their long term care. According to Harris Meyer, in an article for Kaiser Health News, the situation is leaving families under pressure to either pay for their parents' placement with their own money, or to provide care themselves. .Before a vaccine was approved for distribution, the U.S. Securities and Exchange Commission posted a warning about fake stock offers pitching a nonexistent biotech company allegedly developing a vaccine. .However, it differs from the House version which means it must go back to the House to see if it will agree with the changes that were made. .The Social Security cost-of-living adjustment (COLA) for next year is likely to be the highest seen by retirees since 198Based on the most recent CPI data through August, I estimate that the COLA will increase Social Security benefits by 6%-6.1% in 202This would be the highest increase that I've forecast. Your Social Security Benefits Buying Less , editor .Key Bill Gains Cosponsor