The $2.2 trillion coronavirus stimulus package has been signed into law, and Social Security recipients will be included among the millions of Americans getting a $1,200 stimulus check. While there have been promises th ...
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Q & A: March/April 2020
What is the full retirement age for Social Security? Q: I turn 61 this year and I’m still employed. I’ve read about waiting until my full retirement age before starting Social Security benefits. Is that 66? Do I e ...
Congressional Corner: Lowering Prescription Drug Costs Should Never Be a Partisan Issue
By U.S. Representative Abigail Spanberger (VA-07) If you’ve been to a pharmacy in recent years, you’ve no doubt noticed how drug costs are soaring—and you’ve probably felt the immense financial pressure of rising pri ...
What It Looks Like to Live on Just Social Security — (It’s Not Pretty)
Forty-three percent of respondents say they do not have any retirement savings according to a recent TSCL survey. This sobering finding is actually a slight improvement from a 2017 estimate by the U.S. Government Accoun ...
Ask the Advisor: March/April 2020
Do Healthcare Costs Grow Faster Under Medicare Than Under Private Insurance? Q: Which type of insurance has been better at controlling healthcare costs? Medicare or Medicare Advantage? How does this affect my healt ...
Best Ways to Save: March/April 2020
Should We Be Looking for a Live-In Nurse, or Nursing Home Care? Q: A family member who lives alone told me that she had stage IV colon cancer. Recently, she had to go to the emergency room and was hospitalized for s ...
Legislative Update: March/April 2020
Have You Ever Received a Surprise Medical Bill? By Shannon Benton, Executive Director It happens all too often. Out - of - the - blue you get a gut-wrenchingly high medical bill for services that you thought were ...
Benefit Bulletin: March/April 2020
What to do When You Can’t Afford Medicare Premiums By Rick Delaney, Chairman of the Board Medicare Part B premiums jumped $9.10 per month in 2020 — one of the biggest increases in recent years. While the Social Se ...
Should Social Security Benefits be Adjusted Using a Locality-based Payment Rate?
Mary Johnson, editor Should Social Security benefits be adjusted annually using a locality – based payment rate? Some of you, particularly those of you who are retired federal employees know far more about locality - ...
Part D Out-of-Pocket Costs Take Record Jump
Medicare Part D prescription drug coverage hit a new milestone this year. The highly — loathed “doughnut hole” or “coverage gap” closed this year. But that doesn’t mean prescriptions will be free. The co-insurance in ...
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