News
-
Insurers Use Misleading Marketing Tactics Feed
The massive cost of both House and Senate tax bills, estimated to add .5 trillion to the deficit, will trigger automatic spending cuts in 2018 due to language in the Statutory Pay-as-You Go Act of 20The Act, commonly known as "pay-go", prevents legislation from adding too much money to the deficit. Because the .5 trillion cost of the bill is not adequately offset, the Medicare program will see billion in cuts in 2018, and other critical programs like Meals on Wheels would see their budgets slashed. Lawmakers have said they will pass legislation early next year to avert these cuts, but that remains uncertain. .There are three factors that affect your final benefit amount: .When my husband and I were planning the timing on our Social Security benefits, our financial advisor suggested that we could maximize our payout if I started with a spousal benefit based on my husband's account, while letting my own retirement benefit grow. I continued to work and started the spousal benefit at age 66, my full retirement age. Now I am 70, but have not received any notice from Social Security about my own retirement benefit. Does this mean I won't get anything higher than I already receive? … Continued
-
Legislative Update For Week Ending April 22 2016
It also included a second round of direct payments of ,200 per person, and up to ,000 per household. The bill also extended the 0 per week federal unemployment insurance benefit through January, which expired at the end of July. .On housing, the President instructed key officials to "consider" whether there should be a ban on evictions. He also insists that state governments pick up the tab for some of the unemployment aid. But there are serious questions about whether states have the finances to pay the additional amount. .Talk to prospective assisted living or long term care facility management about your real estate problems. Occupancy rates at assisted living facilities have fallen, coinciding with the collapse in real estate. Find out if the facility offers special terms or agreements for people who are waiting for their homes to sell, and if so, what those terms might be. … Continued
Congressman Larson's bill would comprehensively reform the Social Security program by enhancing benefits and improving the solvency of the Trust Funds for decades to come. He said at Wednesday's hearing: "The Social Security 2100 Act will expand and enhance Social Security, making the program financially stable through this century and beyond. It is the only legislative proposal that expands benefits, is fully paid for, and achieves sustainable solvency as determined by the Chief Actuary of the Social Security Administration." .As opposed to previous years, the Senate leaders want any legislation they have to pass out of the way by the end of May. That means any bill has to pass the Senate, then the Senate and House would have to negotiate and reach agreement on one bill before it could be sent to the President for his signature. .Sources: "Complementary And Alternative Medicine Products And Their Regulation By The Food And Drug Administration," FDA, December 200"Complimentary And Alternative Medicine Use Among Adults: United States 2002," CDC, May 27, 2004. .The proposed funding increase into Medicaid's Home and Community Based Services program has two goals: reducing waiting lists for support for older and disabled Americans who want to stay in their homes rather than go into assisted living facilities or other institutions, and raising pay for home health care's largely female, minority workforce. .Sertoma. This civic organization helps connect you with hearing assistance. To conduct a search, visit Sertoma. .Legislation to Stop Medicare Cuts Passes in Senate .Because the House of Representatives has 435 members its rules are much less complicated than the Senate's, which has 100 members. If the House had the same rules as the Senate, nothing would ever be accomplished. .Three Key Senate Bills Gain Support .Sources: Making Work Pay Credit Was Implemented As Intended, But Resulted in Many Taxpayers Owing Taxes With Returns," Treasury Inspector General For Tax Administration, November 1, 2010, Ref. No. 2011-41-002.
