By Daisy Brown, Legislative Liaison A new bill proposed this Spring by Pennsylvania Senator Bob Casey could bring meaningful, positive change for Social Security benefits and seniors. Called the Boosting Benefits and ...
Author Archives: georgette
Congressional Corner: Protecting Seniors’ Access to Banking Services
By Congressman Mike Turner The way we communicate has rapidly changed over the past three decades. The internet allows us to be more connected with friends and family, find information almost instantly, and make some ...
Benefit Bulletin: Social Security Trust Fund Now Projected to Last Through 2033
By Edward Cates, Chairman of the Board, TSCL The Social Security Administration (SSA) recently announced some important news in its 2024 Annual Report to Congress. The SSA projects that the trust funds have enough pro ...
The Seasons of Medicare Advantage Plans
By Susan Stewart The Medicare Advantage/Prescription Drug Plan year cycles through three seasons: the Annual Enrolment Period (AEP), Open Enrollment Period (OEP), and Rest of Year (ROY). So, what do these seasons m ...
Seniors Taking Desperate Measures to Keep Up With Inflation
By Alex Moore Social Security’s Cost-of-Living Adjustment (COLA) for this year was 3.2 percent, which is higher than the 2.6 percent average inflation we’ve seen over the last 20 years. According to the most recent da ...
Ask the Advisor: When do I have to start taking Medicare Parts A, B, and D?
Q: I’m 62 years old and on track to retire when I’m 65. I know that I’ll eventually need to sign up for Medicare Parts A, B, and D, but when is the best time to start? A: Your first opportunity to sign up for Medicare ...
Best Ways to Save: Cut Costs on Groceries With Community-Supported Agriculture
The average senior spent about $7,300 on food in 2022, according to the Bureau of Labor Statistics. That number has only gone up since, due to uncharacteristically high inflation that has especially affected agricultural ...
Most Retirees Fulfilled Despite Financial Struggles
More than half (59 percent) of retirees have concerns about their finances, according to a new survey of 560 retired Americans by MedicareFAQ. However, that doesn’t mean they’re not happy. Nine in ten seniors enjoy being ...
Legislative Update: New Proposal Would Repeal Taxation of Social Security Income
By Daisy Brown, Legislative Liaison A bill proposed in Congress this January, the You Earned It, You Keep It Act, would save the typical senior hundreds of dollars per year by eliminating all taxes on Social Security ...
Benefits Bulletin: Medicare to Cover Wegovy for Most Senior Citizens
Edward Cates, Chairman of the Board, TSCL The self-administered weight loss medication Wegovy came on the market in June 2021 with incredible promise. Clinical trials have shown that, on average, people who take it lo ...