By Mary Johnson, editor I hope this issue of The Social Security and Medicare Advisor provokes thought and gets you thinking about how to get more involved in efforts to strengthen and protect our Social Security and ...
Daily Archives: March 1, 2024
Legislative Update: March-April 2024
How TSCL Is Working For You In 2024 By Daisy Brown, TSCL Legislative Liaison Most of the older Americans who take our surveys aren’t very confident about the future of their retirement. Less than one out of five ad ...
Benefit Bulletin: Social Security Benefits Of Public Workers Can Be Reduced. TSCL Is Working To Change That.
Edward Cates, Chairman of the Board, TSCL Momentum is growing to fix two provisions of Social Security law that reduce the Social Security benefits of public employees such as firemen, teachers, postal workers, police ...
Ask the Advisor: March-April 2024
My Part D Premium Went Up By 48%. Does Medicare Allow This? Q: My Part D plan premium went up by 48% in 2024. I remember reading that the new Inflation Reduction Act restricted the amount that our drug plan premiums ...
Best Ways to Save: Figuring Your Taxes? Don’t Overlook These Little-Known Medical Expense Deductions
Although Medicare often comes with high out-of-pocket costs, you might be able to mitigate the hit to your finances by itemizing those medical expenses on your federal income taxes to lower your tax bill. Taxpayers are a ...
Will You Pay Taxes on Your Social Security Benefits This Year?
The number of older Americans who pay federal income tax on their Social Security benefits is rapidly growing, according to recent surveys by TSCL. Twenty-three percent of participants in TSCL’s latest Retirement Survey ...
Fact Check: Critics Argue Stimulus Checks Cause Inflation. Is This True?
A $1,400 stimulus check for each Social Security recipient is a top legislative goal for TSCL in 2024. While hundreds of thousands of older Americans have signed our petitions in support of such legislation, some critics ...
New Survey Findings: 67% Say Household Budget 10% Higher Than a Year Ago
More than two-thirds of older adults participating in TSCL’s latest Retirement Survey say their monthly budget for essential items such as housing, food, and prescription drugs was 10 percent higher than in the fall of 2 ...