By Mary Johnson, editor Social Security beneficiaries are receiving a cost-of-living adjustment of just 1.6% this year. For many, that won’t be enough to keep up with healthcare costs, let alone items like homeowners ...
Author Archives: georgette
Millions of Retirees Spent $5,000 on Just Medicare Premiums in 2019
An estimated 10 million Medicare beneficiaries who are covered by a Medigap policy and Part D plan, spent $5,000 in 2019 — $416 per month — just for Medicare premiums according to findings from TSCL’s 2019 Senior Survey. ...
House Drug Bill Would Save Medicare $345 Billion
Legislation that would give Medicare authority to negotiate drug prices would save Medicare $345 billion over ten years, according to a preliminary analysis from the Congressional Budget Office (CBO). The CBO says the b ...
The Senior Citizens League Weekly Update for Week Ending November 22, 2019
We've reported in previous weeks about H.R. 3, the legislation in the House of Representatives being referred to as the 'Pelosi bill.' It is the top bill in the House, authored by House Speaker Nancy Pelosi (D-Calif.), ...
Q & A: December 2019
Q: I take a brand name drug that costs more than $400 per month in 2019 and I have a co-pay of $47. In 2019, I hit the Part D coverage gap. Can you tell me how much I would have to pay in the Part D doughnut hole next ...
Best Ways To Save: December 2019
Plan Ahead To Avoid This IRA Tax Trap If you are close to age 70, and own one or more retirement accounts, start planning ahead to manage required minimum distributions (RMD). Even when you are taking a distribution ...
Ask the Advisor: December 2019
My Mom Is Applying For Assisted Living: Why Must She Agree To Mandatory Arbitration? Q: I’m helping my mother shop for an assisted living facility. She’s considering one within reasonable driving distance, but a cl ...
Congressional Corner: To Stay Healthy And Enjoy Retirement Means Protecting Earned Benefits and Cutting Drug Prices
By Representative Josh Harder, (CA-10) My parents are entering retirement age just like thousands of people across the Valley. I care deeply about making sure they receive all of the benefits they’ve earned and that ...
Legislative Update: December 2019
Payroll Taxes A Sticking Point in Social Security “Boost Bill” By Shannon Benton, Executive Director Legislation that would boost Social Security benefits and restore Social Security’s solvency has been under debat ...
Benefit Bulletin: December 2019
President Trump Signs Executive Order to Expand Private Medicare Plans By Rick Delaney, Chairman of the Board President Trump recently signed an executive order intended to change Medicare by expanding the role of ...
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