Best Ways To Save
Earnings may cause your Social Security benefits to be subject to taxation. A portion of your Social Security benefits may be taxable if your income is over certain thresholds —,000 and up (individuals) or ,000 and up (couples filing jointly). .TSCL is a strong supporter of H.R. 973, and we were pleased to see support grow for it this week. .(Washington, DC) – Older Americans overwhelmingly support legislation that would allow Medicare to negotiate prescription drug prices, according to a new survey by The Senior Citizens League (TSCL). The online survey, which had over 1,234 participants, found that 88 percent support tying prescription drug prices to what other industrialized countries, such as Great Britain, Canada and Japan, pay for the same drug. … Continued
Cola Cuts Come Under Study
Only one other time in recent years, in 2009 at the peak of Great Recession job losses, has the AWI ever gone negative. The 2009 AWI dipped by 1.51% and retirees who were born in 1949 were affected. Although the problem was known at the time, the reductions to benefits were considered small and Congress took no action to prevent those reductions. .When you start retirement benefits before your full retirement age– which for you is 66 — you may work, but Social Security will withhold one dollar in benefits for every in earnings above the limit. The question for many people who go this route is when the withholding starts. .If you choose to supply The Senior Citizens League with your postal address through our website, you may receive periodic mailings from us with information on new issues, products, services or upcoming events. If you do not wish to receive such mailings or if there is an inaccuracy in your name or address, please let us know by writing to us at the above address, or through our Contact Us page. Additionally, you may request that TSCL provide you with the personal information that it has about you over the past 12 months by writing to us at the above address, or through our Contact Us page. … Continued
The fact is no one can know ahead of time what healthcare will be needed in the future, let alone the actual costs of the services that providers charge. Doctors frequently refer patients to expensive specialists, and order endless expensive tests without spending adequate time to explain why the tests are necessary, how much they cost, or the chances of improving treatments through their use. .To cover the cost of CPI-E Act's adoption and to improve the solvency of the Social Security program, The Senior Citizens League supports an increase in the payroll tax cap. Nearly 75 percent of our supporters agree that the wealthiest Americans must begin contributing to the program more fairly, based on the results of our 2018 Senior Survey. Several bills now before Congress would increase or eliminate the payroll tax cap, and The Senior Citizens League will continue to advocate for their passage tirelessly in the months ahead. .In addition to drug manufacturers, major business groups and 32 conservative organizations to his actions and have been lobbying The President to change his mind. .The state of Virginia, however, offers retirees a chance to retain certain parts of coverage but "opt out" of others. If Paula "opted out" of Part D drug coverage, for example, and took medical, dental, and vision coverage alone, she would pay 6 per month. The portion of the premium for the drug coverage through the state of Virginia was a whopping 4 per month. .While President Obama spent much of his speech to the nation discussing economic policies, he did take the time to direct a message to legislators in attendance. The President pleaded that lawmakers send him immigration reform legislation that would enable illegal immigrants to earn their citizenship so he could "sign it right away." President Obama said he is "prepared to make reforms" that would "rein in the long-term costs" of Social Security, Medicare, and Medicaid programs. .According to Medicare, no single organization was behind the 35 people charged in the genetic testing scam, which included 9 doctors. All of this comes at a time when Medicare and Medicare Advantage are expanding the use of telemedicine, which allows doctors and nurses to connect with patients over the internet or by cell phone for consultations and to check symptoms remotely. .Prescription Drug Re-Importation – Making safe, secure re-importation a reality. .This week, The Senior Citizens League's (TSCL) legislative team met with several Members of Congress and their top staff to discuss legislation that would protect and defend the Social Security benefits of seniors. In addition, members of TSCL's legislative team were in attendance at the Joint Select Committee on Deficit Reduction's first public hearing. TSCL also saw support grow for a key piece of legislation. .If adopted, H.R. 1170 would strengthen and expand the Social Security program by providing beneficiaries with a monthly benefit boost, basing cost-of-living adjustments on the CPI-E, and setting the Special Minimum Benefit at 125 percent of the poverty line. It would also apply the payroll tax to all income – including investment income – over 0,000.