How is the pandemic-caused recession affecting retirement savings? Of those who said they have retirement accounts, 48% said that their retirement savings had not recovered to pre-pandemic levels by December 31, 2020, i ...
Category: Other Issues
Ask the Advisor: March 2021
Will Stimulus Payments Make My Social Security Benefits Taxable? Q: How will the stimulus payments that we received affect our income taxes for 2020? Will this increase the amount of Social Security benefits subject ...
Where Are All The COVID-19 Vaccines?
By Mary Johnson, editor All together now: Raise your hand if you have had trouble figuring out if, when, or where you would get a COVID-19 vaccine! If you have already gotten yours — congratulations! In my rura ...
Benefit Bulletin: January 2021
Congress May Be Politically Divided, But Large Majority of Retirees Support These Five Important Issues By Rick Delaney, Chairman of the Board, TSCL The year 2020 will go down in history as one of our nation’s most ...
How Has The Recession Affected Funding For Your Social Security and Medicare Benefits?
The Senior Citizens League is closely paying attention to recent reports from the U.S. Congressional Budget Office, and economic policy groups such as the Bipartisan Policy Center. These reports confirm that the insolve ...
Q & A: June 2020
Should She Sign Up For Unemployment or Disability? Q: My mom has Parkinson’s disease, but was still working until the coronavirus forced her company to shut down indefinitely. She has applied for partial unemployment ...
Legislation To Lower Drug Costs Moving In House And Senate
Pharmaceutical companies and their allies are pouring millions of dollars into advertising fighting legislation in Congress that would lower U.S. drug costs. The ads portray legislative efforts in Congress, as “foreign ...
The CPI-E Would Pay a 1.9% COLA Versus The 1.6% You Are Actually Getting
By Mary Johnson, editor How much would your Social Security cost-of-living adjustment (COLA) be worth if it was more accurately based on your spending patterns as a retiree? Social Security legislation under debate i ...
Ask the Advisor: November 2019
How Would “Capping” Medicaid Payments Affect Seniors? Q: At a recent townhall I heard my Senator say that he supported reforming Medicaid’s payment structure to provide a capped amount per person enrolled. Can you t ...
Why We Need A Better COLA
Social Security recipients will get 2% cost-of-living (COLA) adjustment effective January 2018. But despite it being the largest increase in five years, the news is being met with frustration from millions of retiree ho ...