How Would The Social Security Payroll Tax Cut Affect Benefits? Q: I’m close to retirement and pay the maximum taxes on my wages. How would the Social Security payroll tax cut affect my retirement benefits? A: Your ...
Category: Issues
The High Cost Of Delaying Medicare Enrollment
By Mary Johnson Do you turn 65 this year? Are you or your spouse still working and receiving health insurance benefits from a current employer? Are you age 65 or older now, but haven’t signed up for Medicare Parts A, ...
Social Security & Medicare Questions – February 2012
Why Is My Mother’s Co-Pay So High This Year? Q: My mother moved to live closer to me a few months ago. Recently, she needed to visit a doctor and was charged $116. She can’t remember ever paying so much before. Her o ...
Ask The Advisor: February 2012
Will My Social Security Benefits Be Taxable? Q: I’m single and I live alone. When I retire this year I will receive payments from a 401(k) and a traditional IRA of approximately $20,000. My annual Social Security be ...
Benefit Bulletin: New Poverty Measure Indicates More Older Americans Living In Poverty
The Census Bureau recently released a new poverty measure that is fueling controversy over how the federal government calculates federal poverty guidelines. The guidelines determine eligibility for a host of programs, in ...
“Backdoor” Immigration Amnesty Gets Underway
TSCL Believes New Policy Would Add To Growing Social Security Woes The Department of Homeland Security (DHS) recently began a review of all pending immigration deportation cases with the goal of dismissing those of il ...
Medicare Remains Focus Of Attention To Cut Federal Spending
By Mary Johnson Analysts say that deeper Medicare cuts may be back on the table by the end of the year. One of the most controversial proposals would convert Medicare into a system called “premium support.” Under the ...
No Deficit Reduction Plan? What Happens Now?
TSCL Senior Petitions Help Fend Off COLA Cuts The failure of the “Super Committee” to release a deficit reduction plan for a vote has Congress facing what some describe as “a ‘time bomb’ of its own making.” The failure ...
Over 65? Prevent Big Medicare Penalty Costs – Sign Up Now During Annual General Enrollment Period
Alexandria, VA (February 6, 2012) Are you age 65 or older? Have you signed up for Medicare Part B yet? Skipping Medicare enrollment, because it seems less expensive to go with employer coverage by taking either reti ...
House Subcommittee Holds Hearing On Impact Of “Back-Door” Amnesty
Totalization Agreement With Mexico Remains Pending The Obama Administration is coming under growing criticism for what is being called an “administrative amnesty.” Critics, including TSCL, say that the Department of H ...