By Representative Linda T. Sanchez (CA-38) For over 80 years, Social Security has been the bedrock of the American retirement system. The program ensures our mothers, fathers, grandmothers, and grandfathers do not fa ...
Legislative Update: January 2022
Congress May Be Divided. Their Constituents Are Not. Shannon Benton, Executive Director Over years of conducting surveys, TSCL has discovered something totally unexpected. Although partisan politics often divides ...
Benefit Bulletin: January 2022
Will A 5.9% COLA Cause More of Your Social Security Benefits To Be Taxable? By Rick Delaney, Chairman of the Board This month your Social Security benefits increase by the highest Cost of Living Adjustment (COLA) o ...
We Always Want to Live in a Manner We’re Unaccustomed To. Just Not Like This.
By Mary Johnson, editor Judging by my email, many of you are living in a manner that you’re unaccustomed to — and not in a good way. Since 2021, higher prices on everyday essentials like housing, heating, food, and p ...
FAQ: Would The 5.9% COLA Cause Social Security To Go Bankrupt Sooner?
Q: When is the Social Security Trust Fund estimated to go bankrupt, and would the 5.9% COLA cause it to be depleted sooner than forecast? A: Last August, the Social Security Trustees released the 2021 annual report, ...
Social Security COLA, How Much Will You Get?
Watch your mail! The Social Security Administration is mailing out “Your New Benefits Amount” statements that detail how much you will be getting in your 2022 Social Security checks. With a cost-of-living adjustment of ...
Q & A: December 2021
Will My Social Security Benefits Be Reduced? Q: I was born in 1960 and I’ve read that my Social Security benefits may be reduced. Has your group learned anything new about this issue? I turn 62 next year. A: TSC ...
Ask the Advisor: December 2021
How Do I Calculate My Taxable Retirement Income? Q: I turned age 69 and started Social Security benefits this year. For the 2021 tax year, I have earnings from a part time job, income from a modest private sector pe ...
Best Ways to Save: December 2021
Do You Know the Costs of Providing Care at Home? Here’s a List From Someone Who Knows Most older adults want to age in place and stay in their own homes as they grow older. But doing so takes a major commitment on t ...
Legislative Update: December 2021
Social Security Bill Would Boost Benefits For all Beneficiaries And Trust Fund Financing By Shannon Benton, Executive Director Social Security legislation containing a number of provisions that would strengthen and ...