By Mary Johnson, editor Wall Street economists are in the midst of a growing debate over whether we are in for “the return of inflation.” (Oh, go ahead and snort. I did too when I first read about this.) Recently ...
Category: Issues
Drug Prices Paid By Medicare Three Times Higher Than Medicaid
Public anger over the rising costs of insulin and other key life-saving drugs has grown in recent years, and now a new federal analysis reveals that Medicare Part D pays far more for medications than any other government ...
Did Your Retirement Savings Recover by the End of 2020?
How is the pandemic-caused recession affecting retirement savings? Of those who said they have retirement accounts, 48% said that their retirement savings had not recovered to pre-pandemic levels by December 31, 2020, i ...
Q & A: March 2021
Can You Tell Me My Full Retirement Age? Q: I was born May 10, 1960. Can you tell me my retirement age? I’ve read that the retirement age for Social Security is rising. How does this affect the amount that I receiv ...
Ask the Advisor: March 2021
Will Stimulus Payments Make My Social Security Benefits Taxable? Q: How will the stimulus payments that we received affect our income taxes for 2020? Will this increase the amount of Social Security benefits subject ...
Where Are All The COVID-19 Vaccines?
By Mary Johnson, editor All together now: Raise your hand if you have had trouble figuring out if, when, or where you would get a COVID-19 vaccine! If you have already gotten yours — congratulations! In my rura ...
Medicare Recipients Face Steep Out-of-Pocket Medicare Part D Drug Costs in 2021
Prescription drug costs are one of the fastest-growing expenses in retirement. Last year, about 23% of you postponed filling one or more prescriptions due to cost, according to the results pouring into TSCL’s latest Sen ...
Q & A: February 2021
Missing Medicare Part B Enrollment Deadline Triggers Penalties Q: My daughter’s father-in-law lives with them and he looks really sick. I urged my daughter to take him to the doctor. My daughter tells me that she le ...
How Would President Biden Reform Social Security?
As the coronavirus health crisis, and high unemployment drag on, Social Security’s financial situation is becoming increasingly urgent. According to the Social Security Trustees, Social Security’s annual revenues are exp ...
Q & A: January 2021
Can I Work and Receive Social Security Benefits at the Same Time? Q: I lost my job a few months ago and at age 64, recently started Social Security retirement benefits. I just found out that I can work and still rec ...