The Congressional Budget Office (CBO) recently reviewed a proposal that would boost the taxable amount of Social Security benefits, as one of the options for Congress to consider to reduce the federal deficit. The propo ...
Author Archives: georgette
67% of Older Americans Support Eliminating Social Security’s Waiting Periods
More than 10,000 people died waiting for a disability decision from the Social Security Administration in 2017. The rising death toll coincides with the growing backlog of people awaiting a decision about their eligibil ...
Can We Depend On the Social Security Trust Fund?
Mary Johnson, editor Since enactment 84 years ago, Social Security has been the most reliable source of retirement income that most retirees have. That said, our current Social Security program has a funding imbalanc ...
Benefit Bulletin: February/March 2019
Proposal Would Reduce Widows’ Poverty When a spouse passes away, widows are more much more vulnerable to poverty than married women. The poverty rate for widows ages 65 and up is three times higher than it is for ma ...
Legislative Update: February/March 2019
TSCL’s Board of Trustees Visits Capitol Hill By Jessie Gibbons, Legislative Director In December — just before the 115th Congress came to a close — The Senior Citizens League’s (TSCL’s) Board of Trustees member and ...
Best Ways to Save: February/March 2019
How Would You Document Your Losses After a Catastrophe? It’s the one thing that every person who has been through a fire, flood, tornado hurricane or other major disaster wish they had. Every firefighter and first res ...
Ask the Advisor: February/March 2019
When Should Single People Move to Assisted Living? Q: My sister lives alone at age 78. She has no children. I’ve noticed a growing number of changes in her health over the past two years. She seems to have problems ...
Q & A: February/March 2019
Use Retirement Savings or Start Social Security Early to Cover Large Medical Expenses? Q: I will be 66 in April and still work at a small company. I get my healthcare through a Medicare Advantage plan. I’ve learned ...
Q & A: January 2019
How is the Tax on Social Security Benefits Calculated? Q: My spouse and I retired in 2018, and this will be our first tax season with Social Security benefits. Can you explain how Social Security benefits would affect ...
Warning! Scam Calls Impersonate Social Security — Help Report This Scam
By Mary Johnson, editor Reports are coming in across the country of a new Social Security scam. Scammers use a threatening tone saying that due to illegal activity (such as an “account breach”) your Social Security ac ...