(Washington, DC) – If older voters were to rank their Members of Congress the same way they rank products and movies from Amazon, Members of the U.S. House would get 2.6 out of 5 stars for their handling of Medicare in ...
Author Archives: shannon
May-June 2018 Social Security and Medicare Advisor
2018 May June Advisor ...
How A Balanced Budget Amendment Could Affect Your Social Security Benefits
(Washington, DC) – Older Americans are not to blame for an exploding federal budget deficit warns The Senior Citizens League. “Congress can’t cut taxes by an estimated $1.7 trillion and then turn around and blame rising ...
Little-Noticed Medicare Cut Will Cause Medigap Premium Sticker Shock
(Washington, DC) – A little-noticed Medicare cut is likely to subject roughly 10 percent of beneficiaries to sharply rising Medigap supplement premiums, warns The Senior Citizens League. The provision prohibits beneficia ...
Social Security COLAs Need to Double and Medicare Part B Increases Cut in Half, to Ensure Benefit Adequacy
(Washington, DC) – Social Security cost-of-living adjustments (COLA) would need to double their rate of growth and Medicare Part B premium increases would need to slow by half their historic rate to provide greater Socia ...
Hold Harmless Study
2020 COLA Hold Harmless Issue Brief 9.2020 An Emergency COLA in 2021 Would Prevent Economic Insecurity and An Unprecedented Medicare Part B Premium Increase for Older Americans September 2020 By Mary Johnson, So ...
Chained CPI Would Cut Average Social Security Benefits
(Washington, DC) – Higher taxes — lower benefits — more complexity. A new, more slowly growing consumer price index (CPI), known as the chained CPI, promises the worst of all worlds for tens of millions retirees, disabl ...
Taxes Take A Growing Percentage of Social Security Benefits
(Washington, DC) – About 56 percent of all Social Security households pay taxes on a portion of their Social Security benefits, according to a national survey by The Senior Citizens League. “Recently enacted changes in ...
64 Percent of Retirees Affected By Nine Years of Flat Growth In COLA
(Washington, DC) – Extremely low Social Security cost of living adjustments (COLAs) have significantly impacted the retirement income of almost two-thirds of all older Americans, according to a new analysis by The Senior ...
Is The Nation’s Retirement System Really Failing?
The U.S. retirement system as well as the retirees it was designed to help face major challenges, according to a new report from the U.S. Government Accountability Office (GAO). The GAO says that fundamental changes ove ...
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