By Mike Watson, TSCL Legislative Assistant Over the past several months many different plans and ideas have surfaced to reduce the federal deficit, including what the government spends on Social Security and Medicare. ...
Author Archives: TEG
Legislative Update: Social Security Trust Funds
By Mike Watson, TSCL Legislative Assistant During our slow, arduous economic recovery that followed the financial crisis and recession of 2008 and 2009, many government programs, Social Security in particular, were stre ...
Legislative Update: Retirement Age
By Mike Watson, TSCL Legislative Assistant, One of the options to address Social Security that appears to have widespread support is increasing the Social Security retirement age. Raising the age at which people would ...
Deficit Gets Worse, Social Security Cuts Get Attention
For most retirees the average Social Security benefit of $1,100 is their main source of income. But the sluggish economy has made the federal budget deficit, including that of Social Security, balloon more rapidly than ...
Congressional Corner: By Representative Ted Deutch
Representing South Florida in Congress, I regularly hold town meetings with retirees. Inevitably, the first question from the crowd is one I often ask myself, “Why are folks in Washington lying about Social Security?” ...
Social Security Disability Close To Insolvency
An intense battle over Social Security is brewing and TSCL is gearing up for major Congressional action. Recently retired Federal Reserve Chairman Alan Greenspan waded back into the fray to tell Congress “Our choices ri ...
Think You’ve Got Enough For Retirement? Think Again
By Mary Johnson Think you’ve got enough to live on in retirement? A study by Hewitt Associates found that seniors need almost 16 times their final annual pay in retirement savings and resources to maintain their curr ...
Plan For Income From Several Sources
When Franklin Roosevelt signed Social Security into law as part of the New Deal in 1935, it was never designed to be anyone’s sole means of support in retirement. Strengthen your finances in retirement by developing ad ...
Save At Participating Businesses With Membership In TSCL
When you become a member by contributing $10 or more per year to The Senior Citizens League (TSCL) you’re entitled to valuable discounts at participating businesses and to receive The Social Security & Medicare Ad ...
Long Term Care Insurance — Does It Makes Sense For You?
About 70 percent of people over the age of 65 will develop a physical or mental condition at some point that will cause them to need help with daily activities. Whether you get care at home, an assisted living facili ...
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