How Has COVID-19 Affected Your Taxes for 2020? The 2020 tax document gathering season is here, and this year holds even greater challenges than usual for taxpayers. According to TSCL’s annual Senior Surveys, about 50 ...
Daily Archives: February 17, 2021
Q & A: February 2021
Missing Medicare Part B Enrollment Deadline Triggers Penalties Q: My daughter’s father-in-law lives with them and he looks really sick. I urged my daughter to take him to the doctor. My daughter tells me that she le ...
Ask the Advisor: February 2021
Would My Mother’s Social Security or Medicare Benefits Be Affected If Her Home is Sold? Q: At age 87, my mom, who was widowed several years ago, is in need of assisted living and we are thinking of selling her home t ...
Congressional Corner: We Can Ensure Social Security and Medicare Work. There Are Ways to do Both!
By Representative Mike Garcia Social Security and Medicare are promises to our seniors we cannot break. Seniors need to know they can trust their guaranteed benefits – earned through hard work – will not change. W ...
Legislative Update: February 2021
Will Our New Congress Pass a Benefit Boost? By Shannon Benton, Executive Director As our nation goes through the process of getting vaccinated for COVID-19 and getting our lives back on track, TSCL is working on a ...
Benefit Bulletin: February 2021
Are You Ready For a COVID-19 Vaccine? By Rick Delaney, Chairman of the Board, TSCL An unprecedented nationwide effort to vaccinate Americans against COVID-19 is underway, and older adults are among the first on the ...
Medigap Premiums: Are You One Of The “62%”?
By Mary Johnson, editor Are you one of the 62%? This is a term that I invented for Medicare beneficiaries with a Medigap supplement whose premiums have increased by 62% or more since 2016, like mine. If that’s you, ...
Medicare Hospital Insurance Trust Fund Near Insolvency
Before 2020 came to an end, a new forecast from the Congressional Budget Office (CBO) confirmed that Medicare’s Part A Hospital Insurance (HI) trust fund is running out of money two years earlier than previously expected ...
How Would President Biden Reform Social Security?
As the coronavirus health crisis, and high unemployment drag on, Social Security’s financial situation is becoming increasingly urgent. According to the Social Security Trustees, Social Security’s annual revenues are exp ...