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 ...
Category: Issues
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 ...
Benefit Bulletin: November 2019
Rick Delaney, Chairman of the Board Social Security Legislation Would Provide 75 Years of Solvency For Social Security If lawmakers wait too long, solutions for fixing Social Security’s financing could in ...
Medicare Part B Premiums To Rise More Than 4 Times Faster Than Your COLA
While retirees won’t be getting as much of an increase in their Social Security checks in 2020, the Part B premium, is expected to go up considerably more than it did this year. In 2019, most beneficiaries paid $1.50 pe ...
Social Security Benefits Increase by Just 1.6% in 2020
Just as we forecast, the Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8 percent COLA received this year. The Social Security Administration recently announced that the ...
Shopping For A Better Health Or Drug Plan Could Save Hundreds of Dollars
(Washington, DC) Making the effort to check health and prescription drug coverage during the Medicare Open Enrollment Period, October 15th through December 7th, can pay off in significant savings for retirees, says The ...
Q & A: October 2019
How Do Distributions From a 401(k) Affect my Social Security Benefits? Q: I’m 62 and doing some retirement planning. Can you tell me how distributions from a 401(k) would affect my Social Security benefits? Does th ...
Ask the Advisor: October 2019
Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan? Q: A new Medicare Advantage plan is available in my area and the premiums are extremely low. It would save me a lot of money this year, so ...
Benefit Bulletin: October 2019
Rick Delaney, Chairman of the Board, TSCL Could Social Security Solvency Issues Be Even Worse Than Estimated? Recently we received a comment from Steve F. of California, who noted that, by his understanding, if Con ...
How Rising Medicare Part B Premiums May Impact Your Social Security Benefits
Medicare Part B premiums are automatically deducted from Social Security benefits, and older households are frequently surprised at how much rising Medicare premiums can take out of those monthly payments. TSCL estimate ...