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Chained CPI Would Cut Average Social Security Benefits

(Washington, DC) – Higher taxes — lower benefits — more complexity.  A new, more slowly growing consumer price index (CPI), known as the chained CPI,…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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