(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 ...
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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 ...
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 ...
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