Retirees will finally start to see more money in their Social Security benefits next year, after years of record low inflation. The Social Security Administration recently announced a 2.8% cost-of-living adjustment (COL ...
Daily Archives: October 12, 2018
What the Social Security Trust Fund is Missing From Top Paid CEOs
In the debate over Social Security’s long-term finances, some argue that the program is unsustainable because it is paying out more in benefits than it takes in. They say that benefits, including cost-of-living adjustme ...
Should Congress Limit Health Insurance Company Profits?
By Mary Johnson, editor The question of limiting the profits of health insurance companies is sparking renewed national debate. The nation’s biggest health insurers have reported robust growth in recent years, due in ...
Benefit Bulletin: October 2018
Poverty Among Older Americans Getting Hard to Ignore For a growing share of older Americans, retirement has come to mean a lower standard of living as they age. Fewer people are retiring with pensions or adequate ret ...
Legislative Update: October 2018
Family Leave Proposal Could Shortchange Social Security Now and Retirees Later By Jessie Gibbons, Legislative Director The Senior Citizens League is monitoring a legislative proposal that would negatively impact th ...
Congressional Corner: Fighting for Our Nation’s Seniors
By Senator Deb Fischer (NE) Recently, actress Marcia Gay Harden testified before the Senate Special Committee on Aging. Ms. Harden is known for her performances in comedies like The First Wives Club and biographies l ...
Best Ways To Save: October 2018
Are You Making These Costly Medicare Mistakes? Scientific research has confirmed that the human mind is basically lazy, and an abundance of choices, (more than 3) completely shuts down the decision-making process. Dr ...
Ask the Advisor: October 2018
How Does the New Tax Legislation Affect People Age 65 and Over? Q: I’d like to do some tax planning before the end of the year. What can you tell me about the impact on people over the age of 65? A: Th ...
Q & A: October 2018
Q: Can you tell me how Social Security benefits are figured? I’m 63 and my wife is 61. Both of us are still working. A: Social Security benefits are based on your lifetime earnings, age at retirement, and number ...
Legislative Update for Week Ending October 12, 2018
This week, the Social Security Administration announced the 2019 cost-of-living adjustment, and President Donald Trump signed into law legislation that will result in lower out-of-pocket prescription drug costs at pharma ...
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