Tax Planning? Medical Expense Deduction Becomes Less Generous in 2019 Although there’s a new higher standard deduction for U.S. taxpayers this year, tax professionals are cautioning taxpayers against automatically ta ...
Author Archives: georgette
Ask the Advisor: November 2018
Can You Tell Me About Programs That Help Older Homeowners With Taxes? Q: I’ve heard there are programs that allow older homeowners to get help with property taxes. Can you tell me anything about these? A: Fo ...
Q &A: November 2018
What Can You Tell Me About Retroactive Social Security Benefits? Q: I’m turning 65 soon, and I’m not employed since I was caring for my husband who recently passed away. I inherited our home and two retirement accoun ...
Retirees to Get Highest COLA in 7 Years
Retirees will finally start to see more money in their Social Security benefits next year, after years of record low inflation. The Social Security Administration recently announced a 2.8% cost-of-living adjustment (COL ...
What the Social Security Trust Fund is Missing From Top Paid CEOs
In the debate over Social Security’s long-term finances, some argue that the program is unsustainable because it is paying out more in benefits than it takes in. They say that benefits, including cost-of-living adjustme ...
Should Congress Limit Health Insurance Company Profits?
By Mary Johnson, editor The question of limiting the profits of health insurance companies is sparking renewed national debate. The nation’s biggest health insurers have reported robust growth in recent years, due in ...
Benefit Bulletin: October 2018
Poverty Among Older Americans Getting Hard to Ignore For a growing share of older Americans, retirement has come to mean a lower standard of living as they age. Fewer people are retiring with pensions or adequate ret ...
Legislative Update: October 2018
Family Leave Proposal Could Shortchange Social Security Now and Retirees Later By Jessie Gibbons, Legislative Director The Senior Citizens League is monitoring a legislative proposal that would negatively impact th ...
Congressional Corner: Fighting for Our Nation’s Seniors
By Senator Deb Fischer (NE) Recently, actress Marcia Gay Harden testified before the Senate Special Committee on Aging. Ms. Harden is known for her performances in comedies like The First Wives Club and biographies l ...
Best Ways To Save: October 2018
Are You Making These Costly Medicare Mistakes? Scientific research has confirmed that the human mind is basically lazy, and an abundance of choices, (more than 3) completely shuts down the decision-making process. Dr ...
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