Help! My Insulin Costs Skyrocketed. Health Plan Blames Covid-19! Q: My prescription for Lantus and blood pressure medicine has skyrocketed recently. When I called Humana, they said they are dealing with Covid-19, ...
Author Archives: georgette
Congressional Corner: Planning for the Future
By Representative Brad Wenstrup (OH-2) As of 2019, one quarter of American adults had no retirement savings at all. Only 36 percent of non-retired American adults think that “their retirement saving is on t ...
Legislative Update: June 2020
How The Coronavirus Affects Your Prescription Drug Supply Shannon Benton, Executive Director As the U.S. anxiously awaits the development of a vaccine for the coronavirus, worry about potential shortages of common ...
Benefit Bulletin: June 2020
Medicare Premiums Could Spike Due to Coronavirus By Rick Delaney The coronavirus has hit older Americans particularly hard and sent tens of thousands of Medicare recipients to hospital emergency rooms and intensive ...
What Are Your Fastest Rising Costs?
Mary Johnson, editor Every year, I take a look at how the Social Security cost of living adjustment (COLA) compares with the rise in average retiree costs. Data that I collect for my report on the buying power of Soc ...
A Coronavirus Caused Recession Could Eliminate Next Year’s COLA
Older Americans have the highest health risk from the coronavirus and now the coronavirus-caused economic recession, along with falling oil prices, put the next Social Security cost-of-living adjustment (COLA) in jeopard ...
How the Corona Virus Affects Social Security
The abrupt and severe contraction in the U.S. economy caused by the coronavirus has far-reaching consequences for Social Security. Twenty million workers filed claims for unemployment between March 15, 2020 and April 17 ...
Where do the 2020 Presidential Candidates Stand on Social Security?
The non-partisan Center for Retirement Research at Boston College released the following comparison to help you learn where the candidates stand on Social Security: https://crr.bc.edu/newsroom/2020-presidential-candid ...
Ask the Advisor: April/May 2020
I’m Entitled to a Pension for Work as a City Cop… Should I Continue to Pay Into Social Security for Other Work I am Doing Now? Q: I worked in a California city police department for 30 years and I’m now entitled t ...
Q & A: April/May 2020
How Much May I Earn in the Year I Turn Full Retirement Age? Q: I turn 66 in August of next year, and plan to start Social Security retirement benefits. How much may I earn in 2021 without reducing my benefits? A: ...
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