Can You Tell Me My Full Retirement Age? Q: I was born May 10, 1960. Can you tell me my retirement age? I’ve read that the retirement age for Social Security is rising. How does this affect the amount that I receiv ...
Daily Archives: March 16, 2021
Ask the Advisor: March 2021
Will Stimulus Payments Make My Social Security Benefits Taxable? Q: How will the stimulus payments that we received affect our income taxes for 2020? Will this increase the amount of Social Security benefits subject ...
Best Ways to Save: March 2021
Lunch for a Month at $1.20 Per Meal By Mary Johnson, a.k.a “The Soup Lady” One of my favorite cheap eats is a pot of homemade full-flavored bean vegetable soup. Ingredients can vary by season and what you have on ...
Congressional Corner: Two Social Security Provisions That Need to be Fixed
By Representative Pete Aguilar (CA-31) The past year has been extraordinarily difficult for everyone, especially for our seniors. The coronavirus crisis has upended the lives of millions, forcing businesses to shut d ...
Legislative Update: March 2021
Surprise! Congress Passes Legislation Banning Surprise Medical Bills Shannon Benton, Executive Director Last year, more than one-fourth of participants in TSCL’s Senior Survey reported that they had received a “su ...
Benefit Bulletin: March 2021
Can You Live On Social Security Alone? By Rick Delaney, Chairman of the Board, TSCL Social Security was never designed to be the sole source of retirement income. It replaces around 40 percent of the average earn ...
Where Are All The COVID-19 Vaccines?
By Mary Johnson, editor All together now: Raise your hand if you have had trouble figuring out if, when, or where you would get a COVID-19 vaccine! If you have already gotten yours — congratulations! In my rura ...
Medicare Recipients Face Steep Out-of-Pocket Medicare Part D Drug Costs in 2021
Prescription drug costs are one of the fastest-growing expenses in retirement. Last year, about 23% of you postponed filling one or more prescriptions due to cost, according to the results pouring into TSCL’s latest Sen ...
People Born In 1960 Face Permanent Social Security Benefit Reduction
About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, a ...
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