(Washington, DC) – Social Security recipients would get a cost-of-living- adjustment (COLA) that’s seven times higher this year if the annual boost were tied to the rise in the “seniors’” consumer price index, according ...
Category: Issues
0.3% COLA Lowest Ever Paid
TSCL Pushes For Emergency COLA After a year without a cost-of-living adjustment (COLA), Social Security beneficiaries are finally getting a boost in January. But the increase, if it can be called that, is so small th ...
High Drug Prices A Major Issue For The Next Congress
The EpiPen, the latest example in extreme drug price hikes, has not only led to Congressional hearings and outrage over price gouging, but is raising new questions as to why so many older adults are getting prescriptions ...
How Would Raising the Eligibility Age For Medicare Affect Medicare’s Financing and You?
By Mary Johnson, editor Raising the age at which people become eligible for Medicare has been proposed as a way of reducing future government spending on Medicare. The most widely - discussed option would gradually i ...
Benefit Bulletin: December 2016
What Social Security Fails To Tell You Can Cost You Dearly TSCL hears from people every day about the adequacy of their benefits. People who began collecting benefits at 62 frequently tell us they were unaware of the ...
Ask the Advisor: December 2016
How Can We Expand Social Security When The Program Is Running Out of Money? Q: I’ve read about proposals to “expand” Social Security that would provide somewhat higher benefits and a better cost-of-living adjustment. ...
Q & A: December 2016
Help! Social Security Estimates That I Earned $500,320 And Stopped My Benefits! Q: I started benefits at age 63 after losing my job in 2013. I was able to find new employment the following year in 2014. I receive ...
COLA Hits New Low — 0.3% For 2017
After receiving no cost-of-living adjustment (COLA) this year, Social Security beneficiaries will finally receive a raise effective January 1st. But the increase in benefits is so small, it will be the lowest payable CO ...
What’s Happening To Medicare Part B Premiums In 2017?
Extremely low cost-of-living adjustments (COLAs) not only affect Social Security benefits, the 0.3% COLA also affects the amount of Medicare Part B premium people will pay in 2017. When no, or a very low, COLA occurs, a ...
Benefit Bulletin: November 2016
Could You Survive A 21% Benefit Cut? The upcoming election has important implications for the future of your Social Security benefits. While voters have heard a great deal from the candidates for months, specifics of ...