How would seniors go about improving Social Security's financing in the future? A clear majority, 67% strongly agree that it would be fair to require workers to pay Social Security taxes on all of their income rather than letting some pay nothing on income over 0,000. More than 42% strongly agree that with Americans living longer, it would be fair to raise the age for full retirement very gradually, by two months per year to age 69 for people who are age 49 and younger. TSCL was inundated with email comments, and what you're saying should give incumbents pause. .If adopted, H.R. 1716 would prohibit unauthorized workers from receiving Social Security benefits based on work done while in the country illegally, using stolen, fake, or fraudulent Social Security numbers. TSCL was pleased to see support grow for H.R. 1716 this week, and we will continue to advocate for it on Capitol Hill in the months ahead, since we feel that protecting the integrity of the Social Security program is of utmost importance. .Instead, I am a strong supporter of the Consumer Price Index for Elderly Consumers Act of 201This legislation would change the way the Social Security Administration calculates the Cost of Living Adjustments (COLA) by switching from a CPI based on urban wage earners to a formula that would better reflect the spending of seniors. Unlike younger Americans, seniors spend a disproportionate amount of their income on medical expenses and it is crucial that we raise the Cost of Living Adjustment to keep up with the rising cost of medical expenses. .To make the COLA more fair and accurate, TSCL believes that Congress must fully implement the CPI-E, and use it to provide a more realistic annual benefit boost. We support a number of bills before Congress that would do just that, including the CPI-E Act (H.R. 1030), the Guaranteed 3% COLA Act (H.R. 1585), the CPI for Seniors Act (H.R. 2154), and the Social Security Guarantee Act (H.R. 1275). Each of them would go a long way in ensuring that seniors receive the retirement security they deserve. .In 1983 government economists changed the way housing costs were measured in the CPI. Housing represents almost 50% of the expenditures of people age 65 and older, and thus changes to that expenditure category tend to have a big impact. Rather than basing housing costs on some measure of home prices, after 1983 the Bureau of Labor Statistics estimated costs "based on what homeowners theoretically would pay to themselves in order to rent their own homes from themselves. The BLS then estimates how much homeowners raise the rent on themselves each month," according to Williams. .You might better be able to help your brother by reminding him of doctor visits and seeing that he gets to appointments. You can also help by monitoring his care plan, and making sure he understands how and when to take prescriptions and any other forms of therapy. .Such logic would be disastrous if it were applied to a successful COVID vaccine. COVID-19 has shut down countless businesses, creating record-high unemployment. And the medical consequences of severe COVID-19 mean weeks of highly expensive intensive care. . I was born May 10, 1960. Can you tell me my retirement age? I've read that the retirement age for Social Security is rising. How does this affect the amount that I receive in benefits? Can I still retire and receive benefits at age 62? .Older adults age 65 and up have been disproportionately impacted by COVID-1Because retirees depend on Social Security for a major share of their income, they tend to spend their benefits on essentials right away. We feel that boosting the inflation adjustment is an important way to get crucial extra cash to older Americans and back into our nation's economy.