(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 ...
Author Archives: shannon
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 ...
Legislative Update
Your Opinion Our Most Valuable Advocacy Tool By Jessie Gibbons, Senior Policy Analyst Each year, The Senior Citizens League (TSCL) asks supporters like you to share your thoughts on the policy priorities at the top ...
Q & A: Will my Social Security benefits be taxable?
Q: I retired last year, but my spouse continues to work. This will be our first tax season with Social Security benefit income. Will my Social Security benefits be taxable? A: If you’re receiving Social Security in ...
How Are You Doing In Retirement?
By Mary Johnson, Editor One of the most remarkable things about our current Congress is the way in which lawmakers have crafted massive, contentious legislation mostly in secret, and then rushed bills to the floor f ...
How Adequately Does Social Security Cover Medicare Costs?
The annual Social Security cost-of-living adjustment (COLA) increased benefits by 2% this year. But Social Security recipients probably did not see much, if any, increase in net Social Security benefits, because of the ...
Benefit Bulletin – Congress Plans To Make “Mandatory Spending” Cuts A Priority This Year
By Chairman Art "Coop" Cooper After making much to-do over budgets that don’t balance last year, the GOP went on to release tax plans last fall that would add an estimated $1.7 trillion to the federal debt, accordin ...
Q & A – what home health care benefits Medicare covers
Q: My 89-year-old mother was recently hospitalized and held for observation due to suspicious chest pain. She has been released, but my husband and I are considering moving her in with us. We are wondering what home h ...