By Mary Johnson, editor Raising the age at which people become eligible for Medicare has been proposed as a way of reducing future government spending on Medicare. The most widely - discussed option would gradually i ...
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Benefit Bulletin: December 2016
What Social Security Fails To Tell You Can Cost You Dearly TSCL hears from people every day about the adequacy of their benefits. People who began collecting benefits at 62 frequently tell us they were unaware of the ...
Legislative Update: December 2016
Join the Effort to Pass an Emergency COLA By Jessie Gibbons, Senior Policy Analyst What has existing without an annual cost-of-living adjustment been like for retirees? Last year Alan of Nevada told us, “No COLA m ...
Congressional Corner: Washington Should Be Talking About Protecting And Expanding Social Security – Not Cutting It!
By Senator Elizabeth Warren (MA) Our nation faces an urgent crisis: as middle-class families increasingly are squeezed by stagnant wages and rising costs, the dream of a secure retirement is slipping away. At a tim ...
Best Ways to Save: December 2016
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 ...
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, ...
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