How is the Tax on Social Security Benefits Calculated? Q: My spouse and I retired in 2018, and this will be our first tax season with Social Security benefits. Can you explain how Social Security benefits would affect ...
Category: Issues
President Announces Plan to Tie Drug Prices to Prices Paid In Other Industrialized Countries — Will it Work?
By Mary Johnson, editor President Trump recently announced a new proposal to bring down the cost of certain expensive Part B prescription drugs. The plan is meeting with skepticism from leading health policy experts, ...
Social Security and Medicare Blamed for Rising Deficits
Are Cuts The Only Way to Reduce the Deficit? After passing new tax legislation that’s projected to increase the federal deficit by more than $1.5 trillion over the next ten years, Senate Majority leader Mitch McConne ...
S. 22, Medicare Dental Benefit Act
If adopted, S. 22 would provide for coverage of dental services under the Medicare program. Under current law, the Medicare program is prohibited from covering most routine dental services like root canals, extractions, ...
H.R. 275, Medicare Prescription Drug Price Negotiation Act
If adopted, H.R. 275 would require the Secretary of Health and Human Services to negotiate covered part D drug prices on behalf of Medicare beneficiaries. Representative Peter Welch (VT) introduced H.R. 275 on January ...
H.R. 141, Social Security Fairness Act
If adopted, H.R. 141 would repeal the Government Pension Offset and the Windfall Elimination Provision – two Social Security provisions that unfairly impact teachers, police officers, and other state and local government ...
H.R. 46, Social Security Safety Dividend Act
If adopted, H.R. 46 would ensure that seniors, veterans, and people with disabilities who receive Social Security and certain other federal benefits receive a $250 payment in the event that no cost-of-living adjustment i ...
When Your Cost-of-Living Adjustment is Completely Taken by Your Part B Premium
By Mary Johnson, editor Danette D., a retiree living in Missouri, is looking forward to finally seeing a boost in her Social Security benefits in the New Year, due to a 2.8% cost-of-living adjustment (COLA) for 2019. ...
Benefit Bulletin: December 2018
If You Can’t Afford Your Medicare Part B Costs, Apply for a Medicare Savings Program The Medicare Part B premium for doctors and hospital outpatient care is one of the most misunderstood expenses that retirees have. ...
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 League. “That’s because it will cost many Americans roughly 26 ...
Close