Failure to enroll in Medicare on time can cost you thousands in extra Medicare premium penalties during the course of your retirement. Medicare’s exhausting perplexity raises the chance of costly deadline errors for seni ...
Category: Issues
The Three Biggest Social Security & Medicare Mistakes
(And what you can do to avoid them) Eighty-six percent of workers in their 60s say they plan to work past age 65 according to the Transamerica Center for Retirement Studies. But for seniors who keep working, learning ...
Four Secrets to Maximizing Your Social Security Benefit
The majority of seniors depend on Social Security for at least half of their income. Given its importance to your budget, it’s critical to get the biggest benefit that you’re entitled to. Most seniors don’t know how, and ...
Seniors Lose 34% Buying Power Since 2000
Social Security benefits have lost 34 percent of their buying power since 2000 according to the latest data in an annual study by The Senior Citizens League (TSCL). During that period annual Cost of Living Adjustments (C ...
Social Security Trustees: Legislative Action Needed “ASAP”
The Social Security and Medicare trustees recently released their annual reports amidst controversy over the numbers. The Social Security trustees say that program financing is eroding faster than anticipated, and the di ...
FAQ: How Would Switching To the “Chained” CPI Affect Social Security Benefits?
Pending budget decisions over dwindling government funds will likely once again trigger a high-stakes battle over how to reduce the nation’s debt. A proposal that would reduce the rate of growth in annual Social Security ...
Congressional Corner: Protect Medicare For Today And Save It For The Future
By Representative Alan Nunnelee (MS-1) Protecting Medicare for current beneficiaries and saving it for future generations is one of my most important responsibilities as a Member of Congress. It is no secret that demo ...
Thieves Stealing Social Security Disability Benefits While Insolvency Looms
With the help of his now deceased mother, Anthony George obtained a second Social Security Number under the fictitious name of Sonny Fisher in 1982. Using his fake identity, in 1993 he applied for disability benefits und ...
Advisory Commission Draft Calls For A Medicare Benefit Redesign
By Mary Johnson Should seniors with Medigap supplements that provide “first dollar coverage” be required to pay more up-front? Should Medicare continue to pay for services based on medical necessity, or should the gov ...
Cost Of Social Security Benefits Based On Illegal Work?
New TSCL Report: $994.8 Billion in Wages In SSA’s Earnings Suspense File While employment plunged at the height of the recession in 2009, new data from the Social Security Administration (SSA) suggests that millions o ...
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