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  • Tag Cost Of Living Adjustment Feed

    The main purpose for the Senate's return was to work on confirming to office many of the appointments of the Trump administration. These include leaders of many government departments as well as judicial appointments. .According to the Urban Institute, parents who take paid leave one time would see a 3.2 percent cut in their future Social Security benefits, and parents who take paid leave two times would see a benefit cut of around 5.5 percent. Those who take four paid leaves would see permanent Social Security benefit cuts of around 10 percent in retirement. .Having a plan that covers Part D deductible generally is the better choice if you must take a lot of monthly prescriptions or if you have high drug costs. If you only require a few prescriptions or low cost generics, you might find that by going ahead and paying the deductible you recover that cost in much lower premiums. The only way to tell is by using Medicare's Drug Plan Finder to compare plan costs based on the prescriptions you take. … Continued

  • Best Ways To Save Four Secrets To Maximizing Your Social Security Benefit

    New coronavirus legislation in the works .Sen. Sanders organized a petition drive that has garnered 400,000 signatures so far, and he is hopeful that his campaign will help prevent the adoption of benefit cuts like the "chained" Consumer Price Index (CPI). While some conferees seem to agree with Sen. Sanders, others feel that changes like increased Medicare means testing should be considered as part of a package to replace the automatic sequester cuts, which are scheduled take effect on January 15th. .My mom was recently diagnosed with Alzheimer's disease. What benefits does Medicare cover for this condition? … Continued

TSCL is supportive of both of Rep. DeFazio's bills, and we were pleased to see support grow for them this week. .We need to throw out the stereotype we've had that when you're 65 you quit working and head to the golf course. In the wake of the Great Recession, it doesn't really work financially for most folks. Even though my book has the word "retirement" in the title, about one-third of the chapters deal with careers and work at midlife and beyond -- tips for finding jobs, starting an entrepreneurial venture or launching an encore career focused on social contribution. .This policy benefits immigrants who have broken U.S. immigration and employment laws and have worked using a stolen or fraudulent Social Security number. In addition, this policy flaw raises questions as to whether Social Security eligibility acts as an incentive for more illegal immigration in the future. .Fixing our dependence on China ."We are here today because of COVID, and its consequences. Consequences that have worsened the inadequacies that have existed for a long time in our Social Security system. .Second, Representative Brian Fitzpatrick (PA-8) also signed on to the CPI for Seniors Act (H.R. 2016), bringing the total up to six cosponsors. If adopted, this bill would require the Bureau of Labor Statistics to create and publish a new inflation index specifically for seniors so that lawmakers can better understand the price increases older Americans are experiencing. .Take Our TSCL Monthly Poll .How You Can Get Help With Heating Costs .Fiscal Cliff Negotiations Continue