Three Ways Congress Can Pay For Notch Reform By Jessie Gibbons, Legislative Analyst Each month, due to the Social Security Act Amendments that were signed into law in 1977, more than 3.7 million Notch babies receiv ...
Category: Issues
Congressional Corner: We Have To Do A Better Job On The COLA
By U.S. Senator Sherrod Brown (OH) While many of you received your first cost-of-living adjustment (COLA) for Social Security in more than two years, I understand the increase is less than it should be – and how it do ...
Ask the Advisor: Child Tax Credits
Is The IRS Paying Illegals Billions In Child Tax Credits? Q: I recently received an email with a link to a “Tax Loophole for Illegals” video claiming that the IRS had paid over $4 billion in Child Tax refunds to illeg ...
When Should You Enroll In Medicare?
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 ...
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 ...
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