(Washington, DC) –Today’s announcement of a 0.3 percent cost - of - living adjustment (COLA) is another major disappointment to the 60 million people who depend on Social Security, says The Senior Citizens League (TSCL.) ...
Category: Issues
2017 COLA Forecast
(Washington, DC) – After no annual cost of living adjustment (COLA) this year, older Americans are likely to get a boost for 2017. But the increase will be so small that it will be the lowest ever paid, according to a n ...
Older Americans Lose 23% Of Buying Power
(Washington, DC) – Low inflation in recent years may be helping younger workers cut costs at the gas pump, but it isn’t translating into lower costs for older and retired Americans, says The Senior Citizens League (TSCL) ...
Low COLA To Trigger Medicare Part B Premium Spike
(Washington, DC) – New consumer price index data through August confirm that Medicare Part B premiums will spike next year due to an extremely low cost – of – living adjustment (COLA), according to a new estimate by The ...
Why Seniors Need A Better Benefit Boost
The annual Social Security cost-of-living adjustment (COLA) is about to set another record low. According to estimates by TSCL’s COLA expert and Advisor editor Mary Johnson, the COLA may be just three tenths of a percen ...
Benefit Bulletin: September/October 2016
How Supreme Court Ruling On Immigration Affects Social Security and Medicare The U.S. Supreme Court’s recent ruling on immigration has significant consequences for Social Security and Medicare. Changes in immigration ...
Medicare Premiums May Soar By 22% For Some Next Year
Medicare Part B premiums are forecast to soar an astonishing 22.3% for an estimated 16 million Medicare beneficiaries in 2017 — the biggest such jump in nearly three decades. The anticipated spike in monthly premiums, f ...
Ask the Advisor: September/October 2016
Would a Higher Cost-of-Living-Adjustment in Social Security Make Me Ineligible for Medicaid? Q: I recently read that if retirees got higher cost-of-living-adjustments some low-income people would lose eligibility for ...
Q & A: September/October 2016
Should I Drop Medigap For Medicare Advantage? Q: My Medigap premium is more than $250 per month. I’m paying $104.60 for Medicare Part B and $40 per month for a Part D plan. I’ve learned there’s a Medicare Advantage ...
“Senior CPI” COLA Might Be 7 Times Higher Than Actual 2017 COLA
(Washington, DC) – How fair is the annual Social Security cost - of - living adjustment (COLA)? Not fair enough, according to estimates released today by The Senior Citizens League (TSCL). “If the annual COLA were calcul ...
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