TSCL Pushes For Emergency COLA After a year without a cost-of-living adjustment (COLA), Social Security beneficiaries are finally getting a boost in January. But the increase, if it can be called that, is so small th ...
Daily Archives: December 8, 2016
High Drug Prices A Major Issue For The Next Congress
The EpiPen, the latest example in extreme drug price hikes, has not only led to Congressional hearings and outrage over price gouging, but is raising new questions as to why so many older adults are getting prescriptions ...
How Would Raising the Eligibility Age For Medicare Affect Medicare’s Financing and You?
By Mary Johnson, editor Raising the age at which people become eligible for Medicare has been proposed as a way of reducing future government spending on Medicare. The most widely - discussed option would gradually i ...
Benefit Bulletin: December 2016
What Social Security Fails To Tell You Can Cost You Dearly TSCL hears from people every day about the adequacy of their benefits. People who began collecting benefits at 62 frequently tell us they were unaware of the ...
Legislative Update: December 2016
Join the Effort to Pass an Emergency COLA By Jessie Gibbons, Senior Policy Analyst What has existing without an annual cost-of-living adjustment been like for retirees? Last year Alan of Nevada told us, “No COLA m ...
Congressional Corner: Washington Should Be Talking About Protecting And Expanding Social Security – Not Cutting It!
By Senator Elizabeth Warren (MA) Our nation faces an urgent crisis: as middle-class families increasingly are squeezed by stagnant wages and rising costs, the dream of a secure retirement is slipping away. At a tim ...
Best Ways to Save: December 2016
Can You Still Fund A Retirement Account Once You Retire? Retirement accounts allow your savings to grow tax-deferred, but the rules change when you turn age 70 ½. At 70 ½, traditional IRAs require the owner to take r ...
Ask the Advisor: December 2016
How Can We Expand Social Security When The Program Is Running Out of Money? Q: I’ve read about proposals to “expand” Social Security that would provide somewhat higher benefits and a better cost-of-living adjustment. ...
Q & A: December 2016
Help! Social Security Estimates That I Earned $500,320 And Stopped My Benefits! Q: I started benefits at age 63 after losing my job in 2013. I was able to find new employment the following year in 2014. I receive ...