What are the most common stumbling blocks to maximizing Social Security and Medicare benefits? Q: Can you tell me the most costly misconceptions about Social Security and Medicare in terms of retirement income and hea ...
Author Archives: georgette
Best Ways to Save: What’s the Secret For Successfully Using CPAP Machines for Sleep Apnea?
The National Council On Aging Has A New Guide That Can Help About 30% of Americans experience poor sleep due to sleep apnea which often causes those affected to feel like a tired - all - the - time zombie. The most fr ...
Senate Holds Hearing On Making Wealthy Pay Their Fair Share of Social Security Taxes
Recently the Senate Budget Committee held a hearing to focus on a key question: Should payroll taxes be adjusted to require high earners to pay more into the program? A critical deadline is looming for Social Security, a ...
Failure To Address Social Security’s Solvency Could Cost Married Couples $17,400 In Benefits
As the 2024 campaign heats up, candidates are facing questions about their positions on Social Security benefit cuts and facing pressure to pledge not to touch Social Security. But one thing everyone needs to remember — ...
Older Households Report Very Modest Spending Despite Record COLA In 2023
Although retirees received the highest COLA in 40 years in 2023 — 8.7% — nobody is getting rich. The reality is that the dollar amount of the COLAs increase is very modest. According to TSCL’s latest Retirement Survey, 4 ...
Social Security Benefits to Rise 3.2% in January
The 2024 Social Security cost of living adjustment (COLA) will increase benefits by 3.2% starting with the check to be received in January. That will raise an average monthly retiree benefit of $1,848 by $59 but, watch y ...
Profits Over Patients? Drug Manufacturers Launch Legal Fight Over Medicare Price Negotiations
The prescription drug industry is taking aim at Medicare’s new powers to negotiate drug prices that seniors pay for their prescription medications at pharmacies. Pharmaceutical companies and their allies are filing lawsu ...
Medicare Prescription Drug Coverage Is Changing: But Seniors Still On The Hook For High Out-of-Pocket Costs In 2024
Prescription drug provisions in the Inflation Reduction Act of 2022 make major changes to Medicare Part D prescription drug costs. The legislation caps spending on out-of-pocket costs for covered drugs at $2,000 starting ...
Next Year’s COLA May Be 3.2% Here’s What We Know So Far About Rising Part B Premiums…
According to the most recent consumer price data, your Social Security cost-of-living adjustment (COLA) will likely be around 3.2% next year. That’s lower than the 5.9% received in 2022, and the 8.7% COLA received this y ...
Legislative Update: Social Security Benefit Boost Bill Reintroduced
By Daisy Brown, TSCL Legislative Liaison A key deadline is looming for Social Security. Benefits may be reduced by around 22% in the next decade unless Congress takes action to fix Social Security’s finances. A key is ...
Close