For Immediate Release: December 11, 2024 Initial Prediction for 2026 COLA: 2.5% The Senior Citizen’s League (TSCL) predicts that the 2026 COLA will come in at 2.5%, based on the latest Bureau of Labor Statistics d ...
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Legislative Update for November 2024
As the end of 2024 approaches, Congress struggles with what final legislation to pass. Any bills that have been introduced but do not pass by the time it adjourns will be dead. That means they would have to be re-introdu ...
The Social Security and Medicare Advisor Nov-Dec 2024
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Critical Social Security Legislation
By Alex Moore After an arduous legislative journey, the House of Representatives is poised to finally vote on the Social Security Fairness Act, H.R. 82. The Bill: This bill seeks to repeal two Social Security ru ...
Changes Coming to Your Social Security Online Services
By Alex Moore Did you create your Social Security online account before September 18, 2021? Do you sign in to access your benefits with a “my Social Security” account? If so, it’s essential that you go online and upda ...
Hackers May Have Stolen Your Social Security Number
By Alex Moore A recent lawsuit claims that hackers have gained access to billions of records of personal information, including Americans’ names, phone numbers, addresses, and Social Security numbers. Filed in Florida ...
Be Prepared for Medicare’s Annual Enrollment Period
By Susan Stewart, Licensed Insurance Agent The Medicare Annual Enrollment Period ends on December 7. This means it’s time for you to work with an advisor to select the Medicare Advantage plan that best suits your nee ...
Proposed Law Would Increase Social Security Survivorship Benefits by $2,645
By Alex Moore One unfortunate fact of aging with a loved one is that one person has to outlive the other. And that doesn’t just bring emotional turmoil, but financial turmoil as well. The average funeral cost $8,300 i ...
Two-Thirds of Seniors Rely on Social Security for More Than Half Their Income
By Alex Moore When the Social Security Commissioner Martin O’Malley estimated that the program is “the difference between dignity and poverty” for about half of seniors in a May 2024 press release, he may have needed ...
Legislative Update: Medicare Negotiates Lower Prices for 10 Key Drugs
By Daisy Brown, Legislative Liaison, TSCL This August, Medicare announced that it has successfully negotiated new, lower prices for 10 key drugs for seniors. The negotiations reduced the drugs’ average costs by 63 per ...
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