Start watching the mail for your new Medicare card. The Center for Medicare and Medicaid Services will start mailing the cards this month and plans…
Most working people pay Social Security taxes on every dollar earned and many pay more in Social Security taxes than in federal income taxes. Yet…
(Washington, DC) – Social Security cost-of-living adjustments (COLA) would need to double their rate of growth and Medicare Part B premium increases would need to…
By Mary Johnson, editor The main source of funding for Social Security comes from the payroll taxes that workers pay into the program. But there…
(Washington, DC) – Higher taxes — lower benefits — more complexity. A new, more slowly growing consumer price index (CPI), known as the chained CPI,…
(Washington, DC) – About 56 percent of all Social Security households pay taxes on a portion of their Social Security benefits, according to a national…
Q: I retired last year, but my spouse continues to work. This will be our first tax season with Social Security benefit income. Will my…
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…
(Washington, DC) – A survey of older voters indicates that Congressional plans to cut Social Security, Medicare and Medicaid in order to shrink the deficit…
(Washington, DC) – For older Americans, the high cost of prescription drugs is a leading deterrent to filling prescriptions or taking required medications as directed,…