Shopping For a Better Drug Plan NOW Can Put More Money in Your 2020 Budget By Mary Johnson, editor One-out-of-five people who participated in TSCL Senior Survey spend more than $250.00 per month out-of-pocket on pr ...
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Congressional Corner: Two Bills That Would Bring Down High Prescription Drug Costs
By Representative Elijah E. Cummings, (MD-7) The rise of prescription drug prices is a serious concern that warrants immediate attention. Drug companies have long charged record prices that deny millions of Americans ...
Legislative Update: November 2019
Drug Legislation Running Out of Time as Part D Costs Set to Soar By Shannon Benton, Executive Director Medicare Part D’s True Out-of-Pocket-Cost (TrOOP) spending requirements which are unusually high as it is, are ...
Benefit Bulletin: November 2019
Rick Delaney, Chairman of the Board Social Security Legislation Would Provide 75 Years of Solvency For Social Security If lawmakers wait too long, solutions for fixing Social Security’s financing could in ...
Did Inflation Really Drop?
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 ...
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 ...
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