(Washington, DC) – Higher taxes — lower benefits — more complexity. A new, more slowly growing consumer price index (CPI), known as the chained CPI, promises the worst of all worlds for tens of millions retirees, disabl ...
Category: News
Taxes Take A Growing Percentage of Social Security Benefits
(Washington, DC) – About 56 percent of all Social Security households pay taxes on a portion of their Social Security benefits, according to a national survey by The Senior Citizens League. “Recently enacted changes in ...
Cuts To Social Security, Medicare, and Medicaid Not Supported By Older Voters
(Washington, DC) – A survey of older voters indicates that Congressional plans to cut Social Security, Medicare and Medicaid in order to shrink the deficit would be politically explosive in an election year, warns The Se ...
Don’t Let The High Cost Of Prescription Drugs Cost You Your Health
(Washington, DC) – For older Americans, the high cost of prescription drugs is a leading deterrent to filling prescriptions or taking required medications as directed, warns The Senior Citizens League. “People with Medi ...
Medicare Part B Increase Will Consume Retirees’ Entire COLA
(Washington, DC) – Despite receiving the largest Social Security cost of living adjustment (COLA) in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security b ...
Tax Plan Could Threaten Retirement Income, Warns The Senior Citizens League
(Washington, DC) – The tax bill being discussed in the U.S. House contains what may be only a fleeting benefit for middle class and older Americans, warns The Senior Citizens League. “The changes under consideration may ...
2018 Cost of Living Adjustment (COLA) Announced
(Washington, DC) – The Social Security Administration has announced that the annual cost-of-living adjustment (COLA) will increase benefits by 2.0 percent for 2018. While the increase is the highest in five years, it won ...
Social Security Benefits Lose 30% of Buying Power Since 2000
(Washington, DC) – Social Security beneficiaries have lost nearly one – third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study by The Senior Citizens League (TSCL). The ...
2018 Cost of Living (COLA) Projection
(Washington, DC) – Social Security recipients can look forward to receiving an annual cost – of – living adjustment (COLA) of about 1.8 percent in 2018, according to an estimate released today by The Senior Citizens Leag ...
Extreme Drug Cost Variation Between Drug Plans in Medicare Part D
(Washington, DC) – Medicare doesn’t have the authority to negotiate drug prices, leaving millions of older Americans at risk of price gouging for their prescription drugs, according to a new comparison of drug plans by T ...
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