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New Tax Law Had Little Effect on the Number of Retirees Who Pay Taxes on Social Security Benefits

(Washington, DC)  The new tax law appears to have had little to no effect on relieving the taxation of the Social Security benefits received by…

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16 Percent of Medicare Part D Enrollees May Be at Risk of Hitting the Doughnut Hole in 2019

(Washington, DC) – About 16 percent of Medicare beneficiaries report out-of-pocket spending on prescription drugs high enough to put them at risk of hitting the…

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Social Security Bill in Congress Has Strong Support Amongst Older Americans

(Washington, DC)  Provisions of a Social Security bill that’s getting consideration in the U.S. House of Representatives have widespread support from retirees, according to a…

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Despite Tax Overhaul Social Security Benefits Are Still Taxable

(Washington, DC)  While the 2017 “Tax Cut and Jobs Act” is expected to lower taxes for many taxpayers, it doesn’t address a feature of the…

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New Tax Law Uses Backdoor Method To Increase Taxes $134 Billion

(Washington, DC) – The 2017 “Tax Cut and Jobs Act” uses an alternate measure of inflation that will increase what people pay in taxes in…

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Expiring Medicare Part D Doughnut Provision Will Impact Beneficiaries With Highest Drug Costs

NEWS RELEASE January 15, 2019 (Washington, DC)  An expiring provision of law that affects what Medicare Part D beneficiaries must spend out-of-pocket will significantly increase…

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Retirees’ Secret Christmas Wish — Keeping Warm This Winter Home Heating Costs 26.2% More for the 2018–2019 Season New List of Rising Retiree Costs From The Senior Citizens League

(Washington, DC)  Gift certificates for home-heating oil are likely to be among the most appreciated gift you can give this holiday, says The Senior Citizens…

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Tax Cuts to Expire Affects People With the Highest Healthcare Costs

(Washington, DC) – One of the first tax cuts to expire under the recent tax law is likely to disproportionately affect older taxpayers and others…

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List of Expiring Federal Tax Provisions

List of Expiring Federal Tax Provisions

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Medicare Recipients Can Be Denied Supplemental Medigap Coverage

(Washington, DC)  Older adults who are considering dropping their Medicare Advantage plan to return to “traditional” Medicare and a supplemental Medigap policy are urged to…

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