“Tough Choices” — Payroll Tax Cut For Illegals Or Notch Reform? “Tough choices.” When referring to reducing the Social Security deficit, those tough choices boil down to just two choices — raising taxes or cutting ben ...
Category: Issues
Best Ways to Save: 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 ...
Ask The Advisor: COLA Determination
What Is Tracked In Determining The COLA? Q: In determining the COLA what items does the government track for price changes? Why does the COLA grow so much more slowly than my costs? A: It’s not what the government ...
Social Security & Medicare Questions: Medicare Denying Coverage
Q: Recently I visited a specialist to determine the cause of a chronic cough. As I was checking out, I learned that the doctor wanted me to undergo a series of high-tech tests that I followed through with. Medicare denie ...
Seniors Lose 34 Percent Of Their Buying Power Since 2000: 2012 Annual Survey Of Senior Costs Finds Expenses Have Increased More Than Twice as Fast as Social Security COLA
May 15, 2012 (Washington, DC) – Seniors have lost more than one-third of their buying power since 2000, according to the Annual Survey of Senior Costs, released today by The Senior Citizens League (TSCL). TSCL is one of ...
Benefit Bulletin: April 2012
Millions of Seniors Are Losing Benefits A new report has found that millions of senior Americans are missing out on over $20 billion in benefits that help pay for healthcare, prescriptions, food, and utilities. TSCL is ...
Congressional Corner: Promises Made To Seniors Must Be Kept
By Representative Bill Posey (FL-15) Most seniors have spent their entire lives paying into a system that guarantees Social Security and Medicare benefits at retirement age, and the federal government must honor that ...
Best Ways To Save: Watch Those Hospital “Observation Stays”
Big bills for uncovered charges are surprising some seniors after some hospital stays that aren’t considered inpatient services by Medicare. The problem occurs when the hospital classifies your stay as “observation” whic ...
Legislative Update: April 2012
Medicare’s Doctor Payment Formula Breeds Uncertainty By Legislative Analyst, Jessie Gibbons Fourteen times in the last ten years, lawmakers have voted to override mandated pay cuts to doctors who accept Medicare pa ...
Social Security & Medicare Question: April 2012
Q: My father recently passed away. When I notified the bank as his legal power-of-attorney I was told that his Social Security check for the month in which he died, and any others received thereafter, must be returned. I ...