Q: My wife and I run a small business and I’m turning 65 this year. May I postpone enrolling in Medicare Part B? My income is more than $190,000 and I’m concerned I will have to pay more because my income is over the ...
Daily Archives: January 2, 2020
Ask the Advisor: January 2020
Is Taxing Social Security Benefits Good Policy? Q: Can you explain why Social Security benefits are taxed? We paid for our benefits through payroll tax withholdings during our entire working careers and since we have ...
Legislative Update: January 2020
New Legislation Aimed At Fixing Social Security and Medicare By Shannon Benton, Executive Director Senator Mitt Romney (UT) recently led a bipartisan Senate group in introducing legislation aimed at fixing Social S ...
Benefit Bulletin: January 2020
Your Survey Responses are Helping to Change Attitudes About Social Security By Rick Delaney, Chairman of the Board Over the past 25 years, Congress has periodically debated plans to fix Social Security’s financing, ...
This Really Happened — a 77% Social Security COLA!
By Mary Johnson, editor Social Security beneficiaries are receiving a cost-of-living adjustment of just 1.6% this year. For many, that won’t be enough to keep up with healthcare costs, let alone items like homeowners ...
Millions of Retirees Spent $5,000 on Just Medicare Premiums in 2019
An estimated 10 million Medicare beneficiaries who are covered by a Medigap policy and Part D plan, spent $5,000 in 2019 — $416 per month — just for Medicare premiums according to findings from TSCL’s 2019 Senior Survey. ...
House Drug Bill Would Save Medicare $345 Billion
Legislation that would give Medicare authority to negotiate drug prices would save Medicare $345 billion over ten years, according to a preliminary analysis from the Congressional Budget Office (CBO). The CBO says the b ...
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