By Representative Robin Kelly (IL-2) When the Great Recession hit eight-plus years ago, the focus was on the double-digit unemployment rates and the devastating impact on recent college and high school graduates. La ...
Daily Archives: October 26, 2017
Ask The Advisor: November 2017
Would Tax Reform Affect My IRA and 401(k)? Q: Can you tell me what sort of tax reforms have been proposed, and what might that mean for retirement accounts like IRAs and 401(k)s? Although I’m over 60, I’m still worki ...
Q & A: November 2017
Q: My husband and I had to take in our twin great granddaughters when their mother, our granddaughter, was suddenly sent into rehab. We are in our 80s and living on Social Security and a small savings. Can you tell me if ...
Benefit Bulletin: November 2017
Despite Support, No Bill Moving On Medicare Drug Price Negotiations Ninety percent of the people participating in TSCL’s 2017 Senior Survey support giving Medicare the power to negotiate lower drug prices. But so far ...
Best Ways to Save: November 2017
Switching Drug Plans Can Save Big Money — Here’s Proof By Mary Johnson, Editor Unlike the way Medicare negotiates costs for all other medical services and medical equipment, the program doesn’t have the authority t ...
The Tax Reform That The Public Supports And Boosts Social Security
By Mary Johnson, editor Over the next decade, the amount of payroll taxes flowing into Social Security is expected to drop, but not for the reason that most people think — because Baby Boomers are retiring. To the c ...
How Much of Your Social Security Will You Spend on Medicare Costs?
Medicare Trustees recently said that in 2017, Medicare Part B and Part D premiums and out-of-pocket costs would take about one-fourth of the average Social Security benefits. A recent survey by TSCL indicates that a subs ...
Social Security Announces 2% COLA
Social Security recipients will receive the highest cost-of-living adjustment (COLA) in 5 years, effective January 1st. The Social Security Administration recently announced a COLA of 2%. While the boost is critically ne ...