How Do Distributions From a 401(k) Affect my Social Security Benefits? Q: I’m 62 and doing some retirement planning. Can you tell me how distributions from a 401(k) would affect my Social Security benefits? Does th ...
Daily Archives: September 23, 2019
Ask the Advisor: October 2019
Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan? Q: A new Medicare Advantage plan is available in my area and the premiums are extremely low. It would save me a lot of money this year, so ...
Best Ways To Save: October 2019
How You Can Get Help With Heating Costs The Low-Income Home Energy Assistance Program (LIHEAP) is a federal program that can help eligible households with their heating and cooling costs. The program varies by state ...
Congressional Corner: We Cannot Cut Medicare and Medicaid
Representative Jim McGovern (MA-2) This Spring, I spent my weekends crisscrossing Massachusetts and visiting coffee shops, town halls, and senior centers to hear directly from the people I work for. One thing that I’ ...
Congressional Corner: As Congress Fights Robocalls, Take Steps to Protect Yourself
By Representative Bradley Byrne, (AL-1) Seniors are the most civically engaged age group in our country. Since getting elected to the House of Representatives in 2013, I have held over 150 town hall meetings acr ...
Congressional Corner: Fighting Back Against Senior Scammers
By Representative Josh Gottheimer (NJ-5) It’s always heartbreaking to hear firsthand about how fraudsters and scammers have gone after your hard-earned savings. No senior should ever have to worry that picking up the ...
Legislative Update: October 2019
By Shannon Benton, Executive Director Retirees’ budgets take a beating when prescription drug prices rise faster than the annual cost – of – living adjustments (COLAs). But new legislation moving in the Senate would ...
Benefit Bulletin: October 2019
Rick Delaney, Chairman of the Board, TSCL Could Social Security Solvency Issues Be Even Worse Than Estimated? Recently we received a comment from Steve F. of California, who noted that, by his understanding, if Con ...
How Rising Medicare Part B Premiums May Impact Your Social Security Benefits
Medicare Part B premiums are automatically deducted from Social Security benefits, and older households are frequently surprised at how much rising Medicare premiums can take out of those monthly payments. TSCL estimate ...
Medicare Advantage Insurers Overcharged Medicare By Nearly $30 Billion
Medicare Advantage plans have overcharged Medicare by almost $30 billion in recent years, but so far officials have only recovered a small fraction of that money. The federal government has announced it is stepping up e ...
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