By Alex Moore Medicare just punished drug companies for increasing the price of medicine faster than inflation. The Centers for Medicare and Medicaid Services (CMS) identified 64 drugs whose prices outpaced inflation ...
Category: All Tips for Seniors
Benefits Bulletin: How Much Would Seniors Save If the U.S. Eliminates Taxes on Social Security Income
By Edward Cates, Chair, TSCL President Trump laid out a major new policy proposal in December on his social media platform, Truth Social. “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” he wrote, suggesting that he w ...
Biden Proposal to Expand Medicare Access to Weight Loss Drugs Hangs in the Balance
By Alex Moore In November, former President Biden proposed expanding anti-obesity drugs, like Wegovy, for people with Medicare and Medicaid coverage. These drugs are currently only covered for people who use them to t ...
Tax Season and Your Social Security Benefits
By Edward Cates, Chairman, TSCL It’s already February, which means that this year’s tax deadline of April 15 is just a few short weeks away. For many Social Security recipients, especially people who have just starte ...
Ask the Advisor: December 2021
How Do I Calculate My Taxable Retirement Income? Q: I turned age 69 and started Social Security benefits this year. For the 2021 tax year, I have earnings from a part time job, income from a modest private sector pe ...
Best Ways to Save: April/May 2021
Gardening Past 70— Try “No Dig” Garden Techniques Mary Johnson, editor Scientists are discovering that gardening is an excellent source of moderate to intense physical exercise that can help you lose weight and sta ...
Benefit Bulletin: March 2021
Can You Live On Social Security Alone? By Rick Delaney, Chairman of the Board, TSCL Social Security was never designed to be the sole source of retirement income. It replaces around 40 percent of the average earn ...
Ask the Advisor: June 2020
Help! My Insulin Costs Skyrocketed. Health Plan Blames Covid-19! Q: My prescription for Lantus and blood pressure medicine has skyrocketed recently. When I called Humana, they said they are dealing with Covid-19, ...
Ask the Advisor: June 2019
Where Can We Find Help For Questions About Health Emergencies and Financing Nursing Homes? Q: Dad passed away a few years ago at age 90, after going to the emergency room during a health emergency and then spend ...
Q & A: June 2019
How Can My Grandmother Know When She’s Getting Treated By Non-Network Doctors? Q: My grandmother received a ridiculously high and unexpected medical bill (more than $13,000) after an emergency room visit, even though ...