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  • Under Law No Social Security Cola For 2011 Social Security Says Feed

    Create a family documentary. Create a family scrap-book with old photos and memorabilia. If you have access to a computer and scanner or a friend with one, scan old photos for a digital family scrapbook you can share online. If a family member is good with making videos, consider doing a mini-documentary. Think of the questions you have about your ancestors and ask yourself the same. Like how you and your spouse met, how your family coped during a particularly hard time, or document a skill or craft that you love. This is also a good way to teach cooking your favorite family foods! Upload the video to YouTube to share with your family and send a link in a holiday email. .The CBO estimates that replacing Medicare with a premium support system would save the federal government as much as 5 billion over ten years.[3] The CBO also estimates that premiums paid by affected beneficiaries, however, would be about 30 percent higher on average by 2020 than the current projected Part B premium. In addition, the CBO said that shifting seniors to private plans would affect access to providers, a problem that many seniors are experiencing with Medicare Advantage plans now. .TSCL is a strong supporter of H.R. 973, and we were pleased to see support grow for it this week. … Continued

  • Social Security Medicare Questions August 2014

    The Senior Citizens League has prepared a new fact sheet to help the public better understand how immigration changes by executive action may affect Social Security and Medicare. Get it here. .It sounds as though your daughter's father-in-law didn't sign up for Medicare Part B by his enrollment deadline and is now subject to a late enrollment penalty. For each 12-month period he delayed enrollment in Medicare Part B, he will have to pay a 10% Part B penalty. A penalty of as much as an extra 0 per month in addition to the current premium of 8.50 for 2021, suggests that he is being penalized for a 16-year period he did not have Medicare coverage. That suggests that he didn't enroll at age 6That would mean his base Medicare Part B premium could be 8.50 per month when he enrolls. .Eyeglasses, however, are not covered. If you are having difficulty affording a pair of glasses from brick and mortar stores, you may want to try shopping online. Zenni optical.com has eyeglasses starting as low as .95 for basic frames. Costco the wholesale club has high ratings for their optical section. According to Consumer Reports, the median price for a complete pair of eyeglasses, frames and lenses at Costco Optical is 4, the cost of membership not included. … Continued

The Senior Citizens League endorses legislation introduced by Representative Ted Deutch (FL-22) that would exempt Social Security, Medicare and Medicaid from any federal balanced budget requirement. "We believe that a constitutional amendment is not needed to address the problems these programs face," Johnson says. "What we do need is strong program financing to ensure retirement and healthcare benefits for all." What do you think? Take The Senior Citizens League's 2018 Senior Survey at . .Providing help in emergencies, such as utility shutoffs, and .Social Security benefits are determined by the income earned (up to the taxable maximum) over a working career, and the number of years worked. The more money you make and pay taxes on, and the more years you work the larger your monthly Social Security benefit will be. The Social Security Administration calculates your benefits based on the 35 years in which you earned the most money. But many women, especially those who become mothers or caregivers, give up a substantial portion of their earnings to care for a family. .Pet health insurance may not be worth the cost. While many veterinarian practices have brochures for pet health insurance, shop carefully, and read the fine print about what these policies do and don't cover. Pet owners can expect to pay between to per month for premiums, often more than what you pay in services most years. Consumer experts suggest that if you are worried about catastrophic costs, put the money you would spend on pet health insurance premiums into a pet savings account. .Since 2009, COLAs have been at record lows, averaging just 1.4% — less than half the more typical 3% that COLAs averaged in the prior decade. According to the TSCL analysis, over the last seven years, average Social Security benefits will be about 3 a month lower in 2016 than if inflation had been the more normal levels of about 3%. For example, had a married couple — retired since 2009 and receiving about ,330 per month received a more typical 3% COLA — their total Social Security income would be about ,700 more than it has actually been since 20009. .The Earnings Suspense File represents a huge growing potential liability to the Social Security program. Currently the file holds more than 295.5 million wage reports worth more than 5 billion. Wages are used to determine entitlement to Social Security benefits. Under current law when a worker is found eligible for Social Security, all earnings that can be proven are used to determine entitlement, even for jobs worked without legal authorization. .The Department of Justice (DOJ) has filed charges against more than half a dozen people accused of pushing silver products and other fake treatments for Covid-1The Federal Trade Commission (FTC) has gotten the marketer of a Vitamin C supplement to stop claiming it can treat the virus. And the FTC and Food and Drug Administration have been sending dozens of joint warning letters to companies for touting unapproved treatments or preventatives. .This week, The Senior Citizens League was pleased to see support grow for three important bills that would strengthen the Social Security program and reduce prescription drug prices for Medicare Part D beneficiaries if signed into law. .This week, members of The Senior Citizens League's (TSCL) legislative staff were in attendance at two committee hearings – one held by the Ways and Means Subcommittee on Health, and one held by the Joint Select Committee on Deficit Reduction. In addition, TSCL saw support grow for a key piece of legislation.