Press Briefing 5.10.23 Research on the buying power of Social Security benefits by The Senior Citizens League (TSCL) confirms that inflation is moderating. But a lower inflation rate has not necessarily meant that pri ...
Category: Issues
Q & A: December 2021
Will My Social Security Benefits Be Reduced? Q: I was born in 1960 and I’ve read that my Social Security benefits may be reduced. Has your group learned anything new about this issue? I turn 62 next year. A: TSC ...
Best Ways to Save: December 2021
Do You Know the Costs of Providing Care at Home? Here’s a List From Someone Who Knows Most older adults want to age in place and stay in their own homes as they grow older. But doing so takes a major commitment on t ...
How Long Will Inflation Continue? Expect to See Rising Costs in These Five Categories
By Mary Johnson, editor Will the 5.9% cost-of-living adjustment (COLA) be enough to meet rising costs in 2022? Will Social Security recipients receive a big enough boost next year in order to afford groceries for the ...
Part B Premium Increase Of 14.5% One of Highest On Record
Although the annual cost-of-living adjustment (COLA) will increase benefits by 5.9% in 2022 — the highest inflation adjustment in 40 years — the Medicare Part B premium increase is still rapidly outpacing the COLA percen ...
Part B Premiums Rise 14.5%— Social Security 5.9%
In January, the Social Security checks of more than 69 million beneficiaries will rise by 5.9%. That cost- of - living adjustment (COLA) will increase an average monthly retiree benefit of $1,565 by $92 per month — far ...
Legislation Recently Endorsed By TSCL: Protecting Patients with Pre-Existing Conditions & Improving Medigap Coverage
From the office of Representative Lloyd Doggett (TX-35) Legislation that would prohibit discriminatory pricing and coverage denials for patients seeking supplemental Medigap coverage was recently introduced by Represe ...
Q & A: October/November 2021
Should I Replace My Medigap Insurance? Q: What’s the best way to compare what I currently spend on my Medigap supplement and Part D plan with the costs I would pay in a Medicare Advantage plan? My Medigap premium ha ...
Ask the Advisor: October/November 2021
What Is The Financial Impact of Widowhood? Q: What is the financial impact of widowhood? I became a widow in 2019 and within days, Social Security notified me that I would receive my husband's benefit but would also ...
Benefit Bulletin: October/November 2021
Should Congress Consider A Special Stimulus Check For Seniors? By Rick Delaney, TSCL Chairman Meeting even routine household expenses has been a big challenge for older households, even prior to the COVID-19 pandem ...