Why Did Dad Get a Bill for $2,944 After Hospitalization for COVID-19? Q: Why did Dad get a bill for $2,944 after his recent hospitalization due to COVID-19? I thought emergency legislation required coronavirus care ...
Daily Archives: September 16, 2020
Ask the Advisor: September 2020
How Would a Payroll Tax Cut Impact Social Security Benefits? Q: How would President Trump’s Executive Order cutting payroll taxes affect Social Security? I recall, there was a payroll tax cut in the stimulus package ...
Best Ways to Save: September 2020
With Mortgage Rates So Low, Is Now a Good Time For Retired Homeowners To Refinance? The coronavirus has caused a dramatic decline in home mortgage rates, but that doesn’t necessarily mean it’s a good time for everyon ...
Legislative Update: September 2020
There’s A Simple Way to Prevent a Medicare Premium Spike — Provide An Emergency COLA By Shannon Benton, Executive Director Once again, retirees are likely to receive an annual cost-of-living adjustment (COLA) t ...
Benefit Bulletin: September 2020
Low-Income Health Programs, Working and Laid Off Workers Take the Biggest Hit When Medicare Part B Premiums Spike By Rick Delaney, Chairman of the Board In years when there has been no, or almost no cost-of-living ...
An Emergency 2.5% COLA Could Add $5,000 To Your Social Security Income Over the First Ten Years
By Mary Johnson, editor Use of a consumer price index (CPI) that does not reflect the costs experienced by retirees to calculate the annual cost of living adjustment (COLA) suppresses the amount of lifetime Social Sec ...
Low COLA & COVID-19 Costs Could Trigger A Medicare Premium Spike
When the Social Security Administration announced that the cost-of-living adjustment (COLA) for 2016 would be zero, a stunning thing occurred. The Medicare Trustees projected that the monthly Part B premium would increa ...
Retirement Benefits Could Be Subject To “Inaccurate CPI Information”
TSCL is forecasting a 1.3% Social Security cost-of-living adjustment (COLA) for 2021. Our forecast is based on the most recent consumer price data from the U.S. Bureau of Labor Statistics (through August) and uses the s ...
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