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 ...
Author Archives: georgette
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 ...
Legislative Update: October 2019
By Shannon Benton, Executive Director Retirees’ budgets take a beating when prescription drug prices rise faster than the annual cost – of – living adjustments (COLAs). But new legislation moving in the Senate would ...
Benefit Bulletin: October 2019
Rick Delaney, Chairman of the Board, TSCL Could Social Security Solvency Issues Be Even Worse Than Estimated? Recently we received a comment from Steve F. of California, who noted that, by his understanding, if Con ...