Prescription drug costs are one of the fastest-growing expenses in retirement. Last year, about 23% of you postponed filling one or more prescriptions due to cost, according to the results pouring into TSCL’s latest Sen ...
Author Archives: georgette
People Born In 1960 Face Permanent Social Security Benefit Reduction
About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, a ...
Best Ways to Save: February 2021
How Has COVID-19 Affected Your Taxes for 2020? The 2020 tax document gathering season is here, and this year holds even greater challenges than usual for taxpayers. According to TSCL’s annual Senior Surveys, about 50 ...
Q & A: February 2021
Missing Medicare Part B Enrollment Deadline Triggers Penalties Q: My daughter’s father-in-law lives with them and he looks really sick. I urged my daughter to take him to the doctor. My daughter tells me that she le ...
Ask the Advisor: February 2021
Would My Mother’s Social Security or Medicare Benefits Be Affected If Her Home is Sold? Q: At age 87, my mom, who was widowed several years ago, is in need of assisted living and we are thinking of selling her home t ...
Congressional Corner: We Can Ensure Social Security and Medicare Work. There Are Ways to do Both!
By Representative Mike Garcia Social Security and Medicare are promises to our seniors we cannot break. Seniors need to know they can trust their guaranteed benefits – earned through hard work – will not change. W ...
Legislative Update: February 2021
Will Our New Congress Pass a Benefit Boost? By Shannon Benton, Executive Director As our nation goes through the process of getting vaccinated for COVID-19 and getting our lives back on track, TSCL is working on a ...
Benefit Bulletin: February 2021
Are You Ready For a COVID-19 Vaccine? By Rick Delaney, Chairman of the Board, TSCL An unprecedented nationwide effort to vaccinate Americans against COVID-19 is underway, and older adults are among the first on the ...
Medigap Premiums: Are You One Of The “62%”?
By Mary Johnson, editor Are you one of the 62%? This is a term that I invented for Medicare beneficiaries with a Medigap supplement whose premiums have increased by 62% or more since 2016, like mine. If that’s you, ...
Medicare Hospital Insurance Trust Fund Near Insolvency
Before 2020 came to an end, a new forecast from the Congressional Budget Office (CBO) confirmed that Medicare’s Part A Hospital Insurance (HI) trust fund is running out of money two years earlier than previously expected ...
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