Washington, DC) – The cost of borrowing will be getting more expensive for about 43 percent of older households who carry debt on consumer credit cards, according to a new survey by The Senior Citizens League (TSCL). “Cr ...
Category: Press Releases
Half of All Social Security Households May Pay Tax on Benefits
Washington, DC) – Almost half of all households that receive Social Security benefits might pay taxes this year on a portion of their benefits, according to a national survey by The Senior Citizens League (TSCL). “Maki ...
Medicare Owes Beneficiaries A Refund
Washington, DC) – Medicare beneficiaries may have grounds to ask for a refund on a portion of their 2022 Part B premiums, according to The Senior Citizens League (TSCL). “It appears that Medicare is overcharging 57 milli ...
Medicare Part B Premium Jumps 14.5% Biggest Increase Since 2016
Washington, DC) – A 14.5 percent jump in the Medicare Part B premiums for 2022 spells trouble ahead for beneficiaries wondering where the money will come from to pay all the bills, warns The Senior Citizens League (TSCL) ...
5.9% COLA Welcome, Inflation Likely To Continue to Erode Social Security Buying Power in 2022
(Washington, DC) – Retired and disabled Social Security recipients are anxiously looking forward to the largest cost of living adjustment (COLA) since 1982, according to The Senior Citizens League (TSCL). “This would be ...
Are You Spending Too Much on Your Medicare Coverage?
(Washington, DC) – An estimated 39 million Medicare beneficiaries spend up to 29 percent of their Social Security benefits on healthcare costs, according to a new survey by The Senior Citizens League (TSCL). “That’s a h ...
2022 Social Security COLA Likely to be 6 to 6.1%
(Washington, DC) – Social Security recipients are likely to get an annual cost of living adjustment (COLA) of 6 to a 6.1 percent in 2022, according to The Senior Citizens League (TSCL). The COLA that becomes payable in ...
Older Consumers Report Food as Fastest Growing Cost in 2021
(Washington, DC) – As inflation continues to steeply increase prices, older consumers are reporting that food has been the fastest growing category of their household budgets so far this year, according to a new survey b ...
Update: Social Security COLA For Next Year Could Be 6.2%
(Washington, DC) – The annual Social Security cost - of - living adjustment (COLA) could be 6.2 percent next year — the highest in almost four decades according to a new estimate from The Senior Citizens League (TSCL). ...
Congressional Inaction Could Cost Thousands in Social Security, Says New Analysis From The Senior Citizens League
(Washington, DC) – An estimated 4 million people who were born in 1960 face lower Social Security benefits caused by the COVID-19 caused recession and high unemployment, warns The Senior Citizens League (TSCL). “A flawe ...
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