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Half of Retirees Report Paying Tax on Social Security Benefits for 2019

(Washington, DC) – Half of retirees participating in a new survey by The Senior Citizens League (TSCL) say they paid income taxes on a portion…

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Social Security Benefits Lose 30% of Buying Power Since 2000 No COLA Likely For 2021

(Washington, DC) – Social Security benefits have lost 30 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power…

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Growing Prescription Drug Shortage

(Washington, DC) – Concern is growing that prescription drug shortages due to the COVID-19 pandemic may cause significant spikes in prescription drug costs for retirees,…

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A Corona Virus Caused Recession Would Increase Number Claiming Social Security

(Washington, DC) – An emergency Social Security and Medicare payroll tax cut could weaken program financing at the same time a Coronavirus caused recession would…

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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…

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85% of Retirees Want Congress to Restrict “Surprise” Medical Bills

(Washington, DC) – Eighty-five (85) percent of retirees want Congress to enact legislation restricting “surprise” medical bills, according to a new survey by The Senior…

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45 Percent of Retirees See Little Growth in Social Security Benefits

(Washington, DC) – Forty- five percent of retirees, report that that their net monthly Social Security benefit grew by less than $10 in 2019 despite…

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Majority of Retirees Think All Wages Should be Taxed for Social Security Purposes

(Washington, DC) – Eighty-three percent of retirees think Congress should modify Social Security’s financing by applying the Social Security payroll tax to all wages, according…

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Majority of Retirees Think Congress Should Modify Social Security COLA

(Washington, DC) – Eighty – five percent of retirees think Congress should modify Social Security to provide a higher annual cost-of-living adjustment (COLA), and they…

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Legislation Would Boost Average Social Security Benefits By About $70 In Ten Years

(Washington, DC)  The average Social Security benefit would increase an additional $30 per month in 2020, if legislation under consideration in the House is signed…

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