What’s Retirees’ Biggest Concern About the Future of Social Security? A $300 Benefit Cut By Rick Delaney, Chairman of the Board There’s a discussion about Social Security that we haven’t yet heard much about f ...
Category: Issues
Q & A: March/April 2020
What is the full retirement age for Social Security? Q: I turn 61 this year and I’m still employed. I’ve read about waiting until my full retirement age before starting Social Security benefits. Is that 66? Do I e ...
What It Looks Like to Live on Just Social Security — (It’s Not Pretty)
Forty-three percent of respondents say they do not have any retirement savings according to a recent TSCL survey. This sobering finding is actually a slight improvement from a 2017 estimate by the U.S. Government Accoun ...
Ask the Advisor: March/April 2020
Do Healthcare Costs Grow Faster Under Medicare Than Under Private Insurance? Q: Which type of insurance has been better at controlling healthcare costs? Medicare or Medicare Advantage? How does this affect my healt ...
Benefit Bulletin: March/April 2020
What to do When You Can’t Afford Medicare Premiums By Rick Delaney, Chairman of the Board Medicare Part B premiums jumped $9.10 per month in 2020 — one of the biggest increases in recent years. While the Social Se ...
Should Social Security Benefits be Adjusted Using a Locality-based Payment Rate?
Mary Johnson, editor Should Social Security benefits be adjusted annually using a locality – based payment rate? Some of you, particularly those of you who are retired federal employees know far more about locality - ...
Part D Out-of-Pocket Costs Take Record Jump
Medicare Part D prescription drug coverage hit a new milestone this year. The highly — loathed “doughnut hole” or “coverage gap” closed this year. But that doesn’t mean prescriptions will be free. The co-insurance in ...
Medicare Now Covers Testing For Coronavirus
The coronavirus is a more severe flu strain than the seasonal flu which means more people require greater medical care. For most people this flu is survivable but without the extra medical care that someone might normal ...
Congress Should Cap Out-of-Pocket Costs For Medicare Part D Prescription Drugs
(Washington, DC) – Seventy-eight percent of retirees think Congress should cap what Medicare beneficiaries must spend out-of-pocket on prescription drugs, according to new survey by The Senior Citizens League (TSCL). Un ...
Q & A: February 2020
I Thought My Co-pay Would Be $47. Why Did I Have To Pay $453.45? Q: I’m enrolled in a Part D drug plan. I thought I would get my brand name drug Eliquis, for a $47 copay, but I was charged $485.45. Why was that? ...
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