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Author page: georgette

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Failure To Address Social Security’s Solvency Could Cost Married Couples $17,400 In Benefits

As the 2024 campaign heats up, candidates are facing questions about their positions on Social Security benefit cuts and facing pressure to pledge not to…

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Older Households Report Very Modest Spending Despite Record COLA In 2023

Although retirees received the highest COLA in 40 years in 2023 — 8.7% — nobody is getting rich. The reality is that the dollar amount…

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Social Security Benefits to Rise 3.2% in January

The 2024 Social Security cost of living adjustment (COLA) will increase benefits by 3.2% starting with the check to be received in January. That will…

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Profits Over Patients? Drug Manufacturers Launch Legal Fight Over Medicare Price Negotiations

The prescription drug industry is taking aim at Medicare’s new powers to negotiate drug prices that seniors pay for their prescription medications at pharmacies. Pharmaceutical…

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Medicare Prescription Drug Coverage Is Changing: But Seniors Still On The Hook For High Out-of-Pocket Costs In 2024

Prescription drug provisions in the Inflation Reduction Act of 2022 make major changes to Medicare Part D prescription drug costs. The legislation caps spending on…

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Next Year’s COLA May Be 3.2% Here’s What We Know So Far About Rising Part B Premiums…

According to the most recent consumer price data, your Social Security cost-of-living adjustment (COLA) will likely be around 3.2% next year. That’s lower than the…

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Legislative Update: Social Security Benefit Boost Bill Reintroduced

By Daisy Brown, TSCL Legislative Liaison A key deadline is looming for Social Security. Benefits may be reduced by around 22% in the next decade…

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Benefit Bulletin: Need An Extra $300? Medicare Extra Help Prescription Drug Savings Expands in 2024

Edward Cates, Chairman of the Board, TSCL Looking for an extra $300 next year? Beneficiaries participating in the Medicare Extra Help program in 2024 can…

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Have Retirees “Recovered” This Year? Help Answer This!

Mary Johnson, editor What happens to people living on Social Security when inflation cools? Can retirees “recover” from the effects of inflation? I get this…

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Ask the Advisor: September/October 2023

What Would The Income Thresholds Be If The Tax On Social Security Benefits Was Adjusted For Inflation Like Tax Brackets? Q: I support TSCL’s efforts…

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