News

  • Best Ways To Save February 2020

    TSCL was pleased to see support grow for H.R. 1795 and H.R. 2305 this week, and we look forward to helping build additional support for them in the coming months. .The House recently approved legislation that would require a valid Social Security Number in order for tax filers to claim the child tax credits, but the fate of the legislation is uncertain in the Senate. TSCL is strongly opposed to allowing illegal immigrants to collect refundable tax credits of ANY kind. We encourage you to contact your Members of Congress to tell them to put a stop to this .2 billion hand-out. Send an email to your Member of Congress online. .Social Security defines an overpayment as "any time beneficiaries receive more than they should have." This occurs for a number for reasons, but most frequently when Social Security isn't notified of changes, such as a death of a beneficiary or excess earnings when working. Overpayments can also be due to errors by the Social Security Administration, but even when the overpayments are Social Security's own fault, the beneficiary must prove he or she is not at fault. … Continued

  • Legislative Update For Week Ending May 9 2014

    TSCL is deeply concerned about the prospect of cuts to benefits and COLAs. Seniors can ill afford any reduction in benefits once they have already retired and are depending on them for their daily expenses. We urge you to learn how Congressional candidates stand on changes to Social Security and Medicare. To learn whether your U.S. Representative or Senators support legislation of interest to you, visit the TSCL website at or call toll free 1-800-333-8725. .We are still learning how well COVID-19 vaccines keep people from spreading the disease. .TSCL's legislative agenda for the next two years includes the following issues, among others: … Continued

You can gather indoors with unvaccinated people from one other household (for example, visiting with relatives who all live together) without masks, unless any of those people or anyone they live with has an increased risk for severe illness from COVID-19. .Provide a modest boost in monthly benefits to retirees to make up for years when no COLA, or only a negligible COLA, was payable. .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. .Investigate insurance company ratings. You want a company that will still be here 30 years from now when you are. Check with rating agencies like Standard & Poor's or A.M. Best and only do business with insurance companies having the highest two ratings. .Diversify if you can. If you have the savings, it might be wise to spread your investment between two companies or consider having a portion of yours savings in fixed annuity and a portion in a variable annuity. .This week, the Senate's Gang of Eight was busy defending its comprehensive immigration reform plan, and The Senior Citizens League (TSCL) saw two key bills gain support. .To get your health services through Original Medicare. If you are enrolled in a Medicare Advantage plan, deductibles and co-pays may apply to these preventive services. Check with your plan to see what costs and rules apply. .The money that is withheld due to excess earnings is not completely lost. Once you reach full retirement age, the Social Security Administration will recalculate your benefits so that over time you can recover what was withheld. To learn more about getting Social Security benefits while working, visit: https://www.ssa.gov/planners/retire/whileworking.html. .It is believed that Trump issued the executive orders because a drive to enact major legislation this year stalled in Congress. Although Trump has told Republican senators that lowering prescription prices is 'something you have to do,' many remain reluctant to use federal authority to force drug makers to charge less.