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Category Tips For Seniors Savings Page 2
This week, The Senior Citizens League (TSCL) saw three critical bills – the Credit for Caring Act, the Social Security Fairness Act, and the Equal Treatment of Public Servants Act – gain new cosponsors on Capitol Hill. .TSCL Announces Support for PRIME Act .The Senior Citizens League enthusiastically supports the Protecting and Preserving Social Security Act and the Social Security Fairness Act, and we were pleased to see them gain new cosponsors this week. In the months ahead, we will continue to advocate for their passage on Capitol Hill. For progress updates, visit the Bill Tracking section of our website. … Continued
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H R 3118 Strengthening Social Security Act
How accurate is it? .On Thursday, with a vote of 326-96, lawmakers in the House passed legislation that will fund the federal government past December 9th. The short-term continuing resolution (CR) will provide funding at a .07 trillion rate – up slightly from the current rate of .067 trillion – through April 28, 2017. .My sister lives alone at age 7She has no children. I've noticed a growing number of changes in her health over the past two years. She seems to have problems with anxiety, and recently became immobilized with fear of evacuating her home, prior to a severe hurricane. Fortunately she was OK, despite four days without power. Home maintenance tasks are becoming a huge burden for her and I worry about her vulnerability to scams. When should single older people start making plans for moving to assisted living? … Continued
(Photo: iStockphoto) .President Trump has said all week that he will not agree to pass further stimulus measures to combat the economic fallout of the coronavirus outbreak without a payroll tax cut. Trump has been advocating for a payroll tax cut since last summer, even before the pandemic, but it is opposed by most congressional Democrats and it is not clear the idea has much support among Republicans in Congress. Obviously, a payroll tax cut would have no benefit for Americans put out of work in the wake of the outbreak until they return to employment. .Case 1—A woman who was born in Mexico worked illegally under an invalid SSN for 6 years. Later when she received a work authorized SSN, she had the earlier wages, earned while illegal, transferred to her record and then filed for Social Security disability benefits. From 1999 to 2002 this woman collected approximately ,990 in disability benefits, including benefits for dependents based on her account. Estimated benefits over 20 years — 4,275. .Is The Government Manipulating COLAs? .According to the Congressional Research Service (CRS), for an age 65 retiree with average wages, a maximum benefit disparity of 10% would have arisen between the highest benefit under the old rules and the lowest benefit under the new rules if the 1977 assumptions had materialized. Under the economic conditions that actually arose, the disparity was 25%-two and one half times greater. .Each month, due to the Social Security Act Amendments that were signed into law in 1977, more than 3.7 million Notch babies receive Social Security checks that are lower than the benefits they originally anticipated. Last year, Representative Mike McIntyre (NC-7) introduced the Notch. Benefit Bulletin: June 2012 "Tough Choices" — Payroll Tax Cut For Illegals Or Notch Reform? .I am writing for assistance in applying for the Notch Settlement on behalf of my widowed mother who has been a supporter of this cause for several years. .This week, lawmakers in the House and Senate remained in their home states and districts for a week-long holiday recess. They are expected to return to Washington on Monday, June 3rd. .House Committee Advances IPAB Repeal
