Switching Drug Plans Can Save Big Money — Here’s Proof By Mary Johnson, Editor Unlike the way Medicare negotiates costs for all other medical services and medical equipment, the program doesn’t have the authority t ...
Author Archives: georgette
The Tax Reform That The Public Supports And Boosts Social Security
By Mary Johnson, editor Over the next decade, the amount of payroll taxes flowing into Social Security is expected to drop, but not for the reason that most people think — because Baby Boomers are retiring. To the c ...
How Much of Your Social Security Will You Spend on Medicare Costs?
Medicare Trustees recently said that in 2017, Medicare Part B and Part D premiums and out-of-pocket costs would take about one-fourth of the average Social Security benefits. A recent survey by TSCL indicates that a subs ...
Social Security Announces 2% COLA
Social Security recipients will receive the highest cost-of-living adjustment (COLA) in 5 years, effective January 1st. The Social Security Administration recently announced a COLA of 2%. While the boost is critically ne ...
Q & A: September/October 2017
Q: When my husband passed away several years ago in 2013, I wasn’t working. I claimed a Social Security widow’s benefit based on his account that year at the age 62, receiving $1,420 per month. When I started my benefit ...
Best Ways to Save: September/October 2017
Six Home Modifications That Can Help You Age In Place Eighty percent of older Americans plan to age in their own homes, making some remodeling necessary to keep homes safe and accessible. While home modifications can ...
Benefit Bulletin: September/October 2017
What Your Member Of Congress Might Try To Tell You About The COLA Don’t be surprised if you hear your Member of Congress say that the Social Security cost–of–living adjustment (COLA) is too high — and that you are ov ...
Fraud And Abuse Are Costing Medicare — (And You Too!)
The federal government made more than $16 billion in erroneous payments to Medicare Advantage health plans last year. The U.S. Government Accountability Office (GAO) recently testified that nearly 10% of payments to Medi ...
Social Security Forecast: 1.8%-2% COLA
Social Security recipients can expect a cost–of–living adjustment (COLA) of about 1.8%-2% starting in January, according to a new TSCL estimate. That continues a trend of extremely low COLA growth over the past five year ...
Ask The Advisor: September/October 2017
Q: I take 7 prescription drugs every month including one very expensive brand name drug. I just received a notice that my drug plan will be increasing the co-insurance for that drug in 2018, and the premium is going up ...
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