There’s A Simple Way to Prevent a Medicare Premium Spike — Provide An Emergency COLA By Shannon Benton, Executive Director Once again, retirees are likely to receive an annual cost-of-living adjustment (COLA) t ...
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Benefit Bulletin: September 2020
Low-Income Health Programs, Working and Laid Off Workers Take the Biggest Hit When Medicare Part B Premiums Spike By Rick Delaney, Chairman of the Board In years when there has been no, or almost no cost-of-living ...
An Emergency 2.5% COLA Could Add $5,000 To Your Social Security Income Over the First Ten Years
By Mary Johnson, editor Use of a consumer price index (CPI) that does not reflect the costs experienced by retirees to calculate the annual cost of living adjustment (COLA) suppresses the amount of lifetime Social Sec ...
Low COLA & COVID-19 Costs Could Trigger A Medicare Premium Spike
When the Social Security Administration announced that the cost-of-living adjustment (COLA) for 2016 would be zero, a stunning thing occurred. The Medicare Trustees projected that the monthly Part B premium would increa ...
Retirement Benefits Could Be Subject To “Inaccurate CPI Information”
TSCL is forecasting a 1.3% Social Security cost-of-living adjustment (COLA) for 2021. Our forecast is based on the most recent consumer price data from the U.S. Bureau of Labor Statistics (through August) and uses the s ...
Q & A: August 2020
My Ex-Spouse Died. Would I Qualify For Widow’s Benefits Even Though I’m Re-married? Q: I’ve been out of work since late March. The company that I was working for is in the process of declaring bankruptcy, and I hav ...
Ask the Advisor: August 2020
Is Taking a Loan Against Your Social Security Benefits a Reasonable Option When You are Out of Work? Q: Recently I read about a stimulus proposal that would allow people who are out of work to access $5,000 of Socia ...
Best Ways to Save To Save: August 2020
Worried About Food Shortages This Fall? Plant an Undercover Vegetable Garden By Mary Johnson, editor As people struggled to find food in the grocery stores during the coronavirus lockdown earlier this year, intere ...
Congressional Corner: Medicare Should Protect Your Teeth Too!
By Representative Robin Kelly (IL-2) I can still remember losing my first baby tooth. I put it under my pillow and got a quarter. When I was 6, losing my teeth meant money in my pocket. Now that I’m older, the idea ...
Legislative Update: August 2020
Prescription Drug Legislation Delayed by Coronavirus By Shannon Benton, Executive Director The coronavirus pandemic has taken priority on Capitol Hill in recent months. As a result, action on a number of important ...
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