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Best Ways Save June 2015
On Monday, President Obama released his .8 trillion budget request for fiscal 2013, calling it "a blueprint for how we can rebuild an economy where hard work pays off and responsibility is rewarded." While the proposal leaves Social Security as is, many Medicare beneficiaries – especially those considered "high earners" – would see major changes. .When shopping for an immediate fixed annuity you need to look for how much monthly income your investment will buy, and the safety of your insurance company. Here are some points to consider from Steve Vernon, a retired consulting actuary, and author of Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck. .If you receive a call from a person claiming to be from SSA, and that person asks you to provide your Social Security number or other information don't give it out over the phone. Contact your local SSA and report the call – it's likely to be a scam. … Continued
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Category Issues Medicare Part B Page 5
On Wednesday, TSCL's Board of Trustees, along with former Congressman David Funderburk and Mrs. Betty Funderburk, and legislative analyst Jessie Gibbons, held meetings on Capitol Hill in six Congressional offices. TSCL's dedicated, all-volunteer Board of Trustees consists of the following members: chairman Larry Hyland, vice-chairman Tom O'Connell, secretary Charlie Flowers, treasurer Ed Cates, political action committee (PAC) treasurer Michael Gales, and board liaison and president of The Retired Enlisted Association (TREA) Arthur Cooper. .This week, lawmakers in the House and Senate remained in their home states and districts for the two-week spring recess. Both chambers are scheduled to be back in session by Tuesday, April 25th. .As the number and scope of extreme weather events and disasters grow, some homeowners are learning that their insurance coverage doesn't provide all the protection they were expecting it to. According to Consumer Reports, the greater the damage costs, the higher the likelihood that there will be a disagreement over the claim, especially when you have a very large claim of ,000 or more. … Continued
Although many older Americans continue to face challenges as they approach retirement, Congress can and should do more to ensure that no retiring American needs to worry about making ends meet. .By Noah Y. Kim SEPTEMBER 10, 2020 Kaiser Health News .Congressmen from both sides of the aisle have demanded an explanation. At a recent hearing on reimportation attended by TSCL staff, Senator Bill Nelson (FL) said that Canadian drug shipments were seized from more than 100 of his constituents. .The GAO has noted that a totalization agreement may motivate additional unauthorized workers to come to the United States. Similarly, the prospect of an amnesty program passing the Congress in the coming months will likely encourage increased illegal immigration in anticipation of an easy road to U.S. citizenship. .Medicare Savings Programs cover the cost of the Medicare Part B premium, saving a person 8.50 per month in 202Depending on income, those with the lowest income may also qualify for additional benefits that cover the Part B deductible and out-of-pocket costs. People with incomes in 2020 of up to ,456 per month (individual) or ,960 (married couples) might be eligible if they have limited savings and resources of ,860 (individuals) or ,800 (married couples). These limits are slightly higher for Hawaii and Alaska. This program is administered through state Medicaid programs and states may have guidelines that allow people with slightly higher income to enroll. If interested ,contact your local Medicaid office to apply. .Now, allergy season has arrived and in the United States as many as 30 percent of adults and 40 percent of kids have seasonal allergies. .Resource online: StopMedicareFraud.gov .Second, six new cosponsors signed on to the Social Security Fairness Act (S. 521, H.R. 141), bringing the cosponsor total up to thirty in the Senate and 163 in the House of Representatives. The new cosponsors are: Senator Dianne Feinstein (CA), Senator Kyrsten Sinema (AZ), Representative Colin Allred (TX-32), Representative Elaine Luria (VA-2), Representative Susan Davis (CA-53), and Representative Sean Casten (IL-6). .Every year since the late 1990's, Congress has ‘balanced' the budget by declaring a pay cut to doctors' Medicare services. Every year, after the budget for the next year is revealed, this cut is rescinded.
