By Mary Johnson, editor Inflation, as measured by the U.S. Bureau of Labor Statistics’ consumer price index, has taken a deep tumble over the past year, meaning older Americans will have to settle for a cost-of-living ...
Author Archives: georgette
Medicare Part B Premiums To Rise More Than 4 Times Faster Than Your COLA
While retirees won’t be getting as much of an increase in their Social Security checks in 2020, the Part B premium, is expected to go up considerably more than it did this year. In 2019, most beneficiaries paid $1.50 pe ...
Social Security Benefits Increase by Just 1.6% in 2020
Just as we forecast, the Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8 percent COLA received this year. The Social Security Administration recently announced that the ...
The Senior Citizens League Weekly Update for Week Ending October 11, 2019
2020 Open Enrollment for Medicare starts Oct 15 - and ends Dec 7 Medicare health and drug plans can make changes each year—things like cost, coverage, and what providers and pharmacies are in their networks. October 15 ...
Q & A: October 2019
How Do Distributions From a 401(k) Affect my Social Security Benefits? Q: I’m 62 and doing some retirement planning. Can you tell me how distributions from a 401(k) would affect my Social Security benefits? Does th ...
Ask the Advisor: October 2019
Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan? Q: A new Medicare Advantage plan is available in my area and the premiums are extremely low. It would save me a lot of money this year, so ...
Best Ways To Save: October 2019
How You Can Get Help With Heating Costs The Low-Income Home Energy Assistance Program (LIHEAP) is a federal program that can help eligible households with their heating and cooling costs. The program varies by state ...
Congressional Corner: We Cannot Cut Medicare and Medicaid
Representative Jim McGovern (MA-2) This Spring, I spent my weekends crisscrossing Massachusetts and visiting coffee shops, town halls, and senior centers to hear directly from the people I work for. One thing that I’ ...
Congressional Corner: As Congress Fights Robocalls, Take Steps to Protect Yourself
By Representative Bradley Byrne, (AL-1) Seniors are the most civically engaged age group in our country. Since getting elected to the House of Representatives in 2013, I have held over 150 town hall meetings acr ...
Congressional Corner: Fighting Back Against Senior Scammers
By Representative Josh Gottheimer (NJ-5) It’s always heartbreaking to hear firsthand about how fraudsters and scammers have gone after your hard-earned savings. No senior should ever have to worry that picking up the ...
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