Can You Still Fund A Retirement Account Once You Retire? Retirement accounts allow your savings to grow tax-deferred, but the rules change when you turn age 70 ½. At 70 ½, traditional IRAs require the owner to take r ...
Author Archives: georgette
Ask the Advisor: December 2016
How Can We Expand Social Security When The Program Is Running Out of Money? Q: I’ve read about proposals to “expand” Social Security that would provide somewhat higher benefits and a better cost-of-living adjustment. ...
Q & A: December 2016
Help! Social Security Estimates That I Earned $500,320 And Stopped My Benefits! Q: I started benefits at age 63 after losing my job in 2013. I was able to find new employment the following year in 2014. I receive ...
COLA Hits New Low — 0.3% For 2017
After receiving no cost-of-living adjustment (COLA) this year, Social Security beneficiaries will finally receive a raise effective January 1st. But the increase in benefits is so small, it will be the lowest payable CO ...
What’s Happening To Medicare Part B Premiums In 2017?
Extremely low cost-of-living adjustments (COLAs) not only affect Social Security benefits, the 0.3% COLA also affects the amount of Medicare Part B premium people will pay in 2017. When no, or a very low, COLA occurs, a ...
New Audits Reveal Widespread Overcharging By Medicare Advantage Plans
Why You Should Be Worried By Mary Johnson, editor Medicare Advantage plans are booming in popularity with retirees, as a low-cost health coverage alternative. In 2016, the plans cover more than 18 million people, ...
Video: Hospital Surprise: Medicare’s Observation Care
By Francis Ying and Thu Nguyen and Lynne Shallcross, August 29, 2016, with permission from Kaiser Health News Hospitals provide observation care for patients who are not well enough to go home but not sick enough to b ...
Benefit Bulletin: November 2016
Could You Survive A 21% Benefit Cut? The upcoming election has important implications for the future of your Social Security benefits. While voters have heard a great deal from the candidates for months, specifics of ...
Legislative Update: November 2017
Where the Candidates Stand on Social Security By Jessie Gibbons, Senior Policy Analyst Just days remain before voters across the country will elect 435 lawmakers to the U.S. House, 34 to the U.S. Senate, and one ne ...
Where the Candidates Stand on Medicare
Where the Candidates Stand on Medicare As election day approaches, The Senior Citizens League brings you this guide to the candidates’ positions on Medicare. Here’s where our information comes from: Hillary Clint ...
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