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  • H R 5772 Beneficiary Enrollment Notification Eligibility Simplification Benes Act

    Four cosponsors signed on to the Social Security Fairness Act this week. Two Representatives – Ben Chandler (KY-6) and Mike Quigley (IL-5) – signed on to Rep. Buck McKeon's H.R. 1332, and two Senators – Sherrod Brown (OH) and Frank Lautenberg (NJ) – signed on to Sen. John Kerry's S. 20The cosponsor totals for these bills are up to 149 and 9, respectively. .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. .Support Grows for Social Security Fairness Act … Continued

  • Best Ways To Save February 2013

    Get prescriptions from your veterinarian for medications: When your vet prescribes antibiotics or any other drug, don't automatically buy all the pills from the veterinary practice. Ask for a prescription. Often, you can get a cheaper price from your pharmacist instead, so check first. You can get a pet medication discount card from Costco, CVS, Rite-Aide, Walgreen's and Walmart. Compare prices with reputable online companies as well. .Why does that happen? .Up to 85 percent of Social Security benefits can be subject to taxation if an individual has a combined income of ,000 or more, and married couples filing jointly have a combined income of ,000 or more. Had income thresholds been adjusted for inflation, they would be ,176 for individuals, and ,145 for joint filers in for the 2020 tax year. "Combined income" is determined by adding one's adjusted gross income, plus any tax - free interest income, and one - half of Social Security benefits. … Continued

The new RAND report is based on 2018 data and compares U.S. drug prices to those in other countries in the Organization for Economic Co-operation and Development. .TSCL enthusiastically supports the five bills listed above and we were pleased to see support grow for them on Capitol Hill this week. For more information, visit the Bill Tracking section of our website. To thank your representative for becoming a cosponsor or to request their support for legislation, visit our "Contact Congress" page. .Last May the House of Representatives passed a second coronavirus-related economic stimulus bill that addressed the on-going economic and medical hardships resulting from the pandemic. The legislation, which passed the House, included over trillion in relief for state and local governments, around 0 billion in hazard pay for essential workers, and billion for coronavirus testing and contact tracing. ."The group of Democrats blocked one committee from advancing their party's drug-pricing legislation, with two members arguing it was too far-reaching and could stymie innovation in the pharmaceutical industry. Some of those Democrats also want to rein in a proposal to expand Medicare to include dental coverage, a high priority for progressives such as Sen. Bernie Sanders (I-Vt.)." .Two Key Bills Gain Support .According to a report in The Hill newspaper, "House Democratic leaders are intent on including a measure that would allow the secretary of Health and Human Services to negotiate lower prices for prescription drugs, sources say." .Discussion on the bill will likely continue into the summer, and TSCL will continue to monitor the ongoing debate. We remain hopeful that lawmakers will address any loopholes that would allow immigrants to claim Social Security credits based on work done illegally. In addition, TSCL is concerned that those with provisional status could have access to Social Security and Medicare benefits before they are granted citizenship. Both of these issues would put an unnecessary and unspecified strain on the Trust Funds, and we will continue to inform Members of Congress about potential issues in the coming weeks. .We want to emphasize that these are all projections based on the economic situation at the time they were developed. As we have seen in the past year, things can change dramatically and clearly, we still don't know how things will be in the coming months and year with regard to the pandemic. .Even though I'm not on Medicare yet, these new quality initiatives will, one way or another will affect most patients, even those like me who are still under the age of 65 as doctors reorganize. I felt dumped.