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House Lawmakers Want Fast Action Social Security Medicare Overhauls
"Social Security benefits simply are not adequate when people with a Social Security benefit of even as much as ,288 per month are at risk of having their entire COLA used to cover rising Part B premiums," says Mary Johnson, Social Security and Medicare policy analyst for The Senior Citizens League. "That is what happened in 2018, and that left nothing to cover all other rising household costs," Johnson explains. .By Representative Alan Nunnelee (MS-1) .The Senior Citizens League enthusiastically supports the four bills mentioned above, and we were pleased to see support grow for them this week. For more information about these and other bills that have been backed by The Senior Citizens League, visit the Bill Tracking section of our website. … Continued
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Category Newsletter Archive
Medicare Advantage — Medicare Advantage (MA) plans are popular because they tend to have much lower, or even zero premiums. In addition, many MA plans offer drug coverage. These plans may have deductibles, and charge co-pays for most services, leaving you at risk of more in out-of-pocket costs when you use services. Starting in 2011 for the first time, all plans include a limit on out-of-pocket spending that cannot exceed ,700. .As we know more, CDC will continue to update our recommendations for both vaccinated and unvaccinated people. .Questions To Ask The Candidates At Your Next Town Hall … Continued
Last week the U.S. House of Representatives announced it will not implement the President's directive for employees of the House, joining major companies in rejecting the option. .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. .When we contacted the governor's office for evidence to back up DeSantis' comments, press secretary Cody McCloud didn't produce any studies or statistics. Instead, he cited the Florida Department of Health's contact tracing program, writing that it "has not yielded any information that would suggest any patients have been infected while travelling on a commercial aircraft." .Social Security benefits are one of the few sources of retirement benefits to be adjusted for inflation. The intention is to protect the buying power of benefits when prices increase. But retirees frequently notice that over time their Social Security benefits don't buy as much as they used to. This happens when the annual COLA doesn't keep pace with the increases in costs typically experienced by older and disabled beneficiaries. .How To Make Smarter Tax Decisions — Higher taxes are in the pipeline for all taxpayers, including seniors. It's essential to get better acquainted with your tax liabilities now, and to take action to reduce them. .We urge you to contact Members of Congress and ask them to co-sponsor "The Notch Fairness Act." Suggest that by cutting the rate of improper payments due to waste, fraud and abuse, your elected lawmakers can correct the most improper payment of all, the disparity in benefits caused by the Notch and erroneous government assumptions. .Perhaps the single biggest difference between Ponzi schemes and Social Security is you and your vote. Voters have a tremendous influence in the choices that elected Members of Congress make to ensure that the program remains sound today and in the future. Social Security has been in continuous operation since 193Ponzi's scheme lasted barely 200 days. .This week, Members of Congress remained in their home states and districts to continue the seven-week summer recess. They are expected to return to Capitol Hill on Tuesday, September 6th. In the meantime, most Members of Congress will be holding town hall meetings in their home states and districts. TSCL encourages its members and supporters to attend these events and to voice their concerns about important Social Security and Medicare issues. .If adopted, the Ways and Means Committee's tax bill would consolidate the existing individual tax brackets, phase in a repeal of the estate tax, and permanently reduce the corporate tax rate, among many other provisions. The bill does not include reductions to the limits on 401(k) contributions as many – including TSCL – expected. It would keep the current limits on 401(k) contributions unchanged at ,000 per year (or ,000 for those over the age of fifty).