I Thought My Co-pay Would Be $47. Why Did I Have To Pay $453.45? Q: I’m enrolled in a Part D drug plan. I thought I would get my brand name drug Eliquis, for a $47 copay, but I was charged $485.45. Why was that? ...
Daily Archives: February 12, 2020
Best Ways to Save: February 2020
How Much of Your Retirement Income is Taxable? Taxes on retirement income take many retirees by surprise, and recent tax changes that took effect in 2018 made planning even harder for some people. While still working ...
Ask the Advisor: February 2020
Are My Medical Expenses High Enough to Deduct From My Income Taxes? Q: I was diagnosed with cancer in 2019 which required surgery and considerable follow-up treatment. I also required extensive dental work during ...
Congressional Corner: Mediocre For All. Rural Healthcare’s Road Trip to Ruin
By Representative Jodey Arrington (R-TX-19) Traveling through the beautiful farmlands of early primary states, you can find the self-proclaimed champions of socialized medicine amid the flashes of cameras on the campa ...
Legislative Update: February 2020
Social Security Taxation Question Pushes Action on “Boost Bill” Into 2020 By Shannon Benton, Executive Director Social Security benefit “boost” legislation under consideration in the House not only would boost bene ...
Benefit Bulletin: February 2020
TSCL Endorses Legislation That Would Help the Public Understand Social Security Benefits By Rick Delaney, Chairman of the Board People close to retirement sometimes tell us they don’t have a clue about how much the ...
How A Tax on “Wealthy” Retirees Ended Up A Tax On The Middle Class
Mary Johnson, editor Roughly one-half of all retiree households report that a portion of their Social Security benefits is subject to taxation, according to TSCL’s Senior Surveys. That’s substantially more than expec ...
It’s Tax Season. That Means More Scams Aimed At Older Taxpayers
It’s tax season, and the IRS is warning about phone calls from criminals impersonating government officials. In the latest insidious twist on a scam related to Social Security numbers (SSN), scammers threaten to suspend ...
Legislation Ending “Surprise” Medical Bills Passes the House
This month Congress took the first step to deal with the exploitative practice of “surprise” medical bills.” Legislation is advancing in the House that would protect patients from surprise medical bills and set up the p ...