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  • Where We Stand On The Social Security Notch Feed

    GOP Backs off "No New Taxes" Stance .I'm a divorced retiree and I file taxes as a single household. Can you tell me why my benefits are taxed and how the income threshold that subjects Social Security benefits to tax is set? People who have adjusted gross incomes of ,000 (individual) can barely cover living expenses, let alone taxes too. Is there anything I can do to reduce this tax? .TSCL is continuing to work hard for any and all legislation that would accomplish those goals. … Continued

  • Category News Press Releases Page 14

    The benefit reduction would be caused by a feature of the Social Security benefit formula that is sensitive to economic recessions and high unemployment. The first step in calculating benefits is to adjust the individual's earnings using the average wage index (AWI) in order to convert the value of past earnings into today's dollars. The AWI is also used to adjust the earnings levels that determine the portion of their average monthly earnings that people are allowed to keep as their benefit. .Congresswoman Gloria Negrete McLeod represents California's 35th Congressional District encompassing the communities of Bloomington, Chino, Montclair, Ontario, Pomona, and portions of Fontana and Rialto. .The Senior Citizens League enthusiastically supports H.R. 3302 and H.R. 1114, and we will continue to advocate for them tirelessly in months ahead. For more information, visit the Bill Tracking section of our website. … Continued

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. .How can I get involved/help out? .In addition, next week lawmakers will continue working on a spending package that will fund the federal government past December 9th. Negotiations have already begun to pass a continuing resolution (CR) that will provide short-term funding through January 201However, if those in the House and Senate fail to reach a compromise before the looming deadline, the government will shut down like it did in 2013 and Social Security beneficiaries could see negative impacts. .The TSCL legislative team continues to work diligently to promote the issues affecting our members. While much of this week's success was focused on current bills, our team also strives to stay on top of forth-coming legislation yet to be formally introduced. The work of our committed legislative team enables TSCL to keep capable eyes and ears on Congress' inner-workings to better represent the concerns of our valued members. .We could, alternatively, allow Medicare to negotiate drug prices — a proposal that has been raised by politicians and beaten back by industry again and again. We would then need to restrict markup for a COVID-19 vaccine for the private market. Otherwise, we would get the kinds of results emerging from the COVID testing industry, where Medicare pays 0 for the test but some labs charge insurers over ,000. .This is certainly the case in Florida's 5th Congressional District, which I represent, where one in every four citizens has received SNAP benefits at some point over the past 12 months, a rate which is nearly twice the national average. It is estimated that only 42 percent of eligible seniors are enrolled in SNAP. SSI and the MSP have similarly low rates among seniors and individuals with disabilities. This is unacceptable. .An abrupt jump in inflation in February and March of this year wiped out a short-lived improvement in the buying power of Social Security benefits in 2020, according to TSCL's latest study on rising senior costs. The study, which compares the growth in the Social Security cost of living adjustments (COLA)s with increases in the costs of goods and services typically used by retirees, found that, while consumer prices flatlined in 2020 through January 2021, costs are now sharply increasing. .The Mayo Clinic has put out the following information as a way of helping you decide what it is that you may be suffering from. You are advised that if your symptoms are the same as in the past you are likely suffering from allergies again. But if there is any variation you should get tested for Covid. And if you have any doubt, getting tested for Covid is probably the right thing to do, especially if you have not been fully vaccinated. .The Senior Citizens League believes that expanding "means testing" to Part D and freezing the income levels through 2019 is a backdoor benefit cut that will eventually affect even middle-income seniors. The chief reason is that as the economy grows over the next decade, the frozen income thresholds will not increase in-kind, subjecting many more seniors to the "means test." The Senior Citizens League estimates that given different inflation scenarios, individual seniors who made between ,000 and ,000 in 2010 could be subjected to the "means test" in 2019, because of the frozen income thresholds. In addition, if the income thresholds for the "means test" had been allowed to increase, (the case before the PPACA was signed into law), we estimate that they would have increased to an amount between 0,500 to 1,800 in 2019.