The IRS is warning retirees to get an idea of how much income tax you may owe for 2018, and determine whether you need to make an estimated payment by January 15th, 2019. Recent changes to the tax law lowered individual ...
Daily Archives: December 18, 2018
When Your Cost-of-Living Adjustment is Completely Taken by Your Part B Premium
By Mary Johnson, editor Danette D., a retiree living in Missouri, is looking forward to finally seeing a boost in her Social Security benefits in the New Year, due to a 2.8% cost-of-living adjustment (COLA) for 2019. ...
Benefit Bulletin: December 2018
If You Can’t Afford Your Medicare Part B Costs, Apply for a Medicare Savings Program The Medicare Part B premium for doctors and hospital outpatient care is one of the most misunderstood expenses that retirees have. ...
Legislative Update: December 2018
New Legislation Contains Changes That Will Reduce Your Costs By Jessie Gibbons, Legislative Director Several legislative victories have made 2018 a year to remember for The Senior Citizens League. Lawmakers made ...
Congressional Corner: Let’s Make Healthcare Affordable Again
By Senator Bill Cassidy (LA) Health care costs are too high. Insurance premiums have gone up year after year, while drug prices skyrocket and surprise medical bills drain Americans’ bank accounts. As a doctor, I kno ...
Best Ways To Save: December 2018
Medicare Advantage Plans May Offer New Supplemental Benefits, But New Co-Pay “Tiers” May Raise Some Costs Enrollees in Medicare Advantage (MA) plans should take a careful look at changes in their health plan for 2 ...
Q & A: December 2018
Would it Be Advantageous for Me to Take a Divorced Spouse Benefit? Q: How does divorce affect my Social Security benefits? I’m turning 64. My ex - husband had much higher earnings than I did. His benefit is likely ...
Ask the Advisor: December 2018
Is Life Insurance After Starting Social Security Worth the Money? Q: Could you tell me the advantages and disadvantages of life insurance once we start Social Security? Doesn’t Social Security pay widow’s benefits? ...
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