Congress is off to a slower start this year, even as critical issues that soon must be dealt with remain unsettled. This seems to be especially true in the House of Representatives, which in the past usually got its work ...
Category: Uncategorized
Will There be Cuts to Social Security and Medicare?
This is one of the hottest topics in Washington right now. Because it’s so important to seniors, we want to recap the issue for you. The crisis has come about because the federal government will sometime in the coming ...
Free Vaccines for Seniors
One of the little-known provisions of President Biden’s Inflation Reduction Act that Congress passed last fall requires all adult vaccines covered under Medicare Part D, like the one for shingles, be covered at no cost i ...
Inflation – COLA Update
Press Briefing 01.12.2023 ...
Showdown Over Social Security and Medicare?
By Mary Johnson, Editor Concern is growing that Social Security benefits could be affected by negotiations over lifting the federal debt limit later this year. Sound familiar? Many of you have heard it before. The str ...
Number of Seniors Living in Poverty Grows
According to new data from the U.S. Census Bureau, the poverty rate among older Americans grew during 2020 to 2021. Seniors were the only age group to experience an increase in poverty. The share of older adults in the U ...
How Much Will Healthcare Costs Be in 2023?
Older Americans can look forward to a few modest wins on reducing healthcare costs this year. Congress enacted legislation that lowers some prescription drug costs, particularly a $35 per month, per insulin prescription ...
Benefit Bulletin: How Inflation Is Taking a Toll on Older Americans
Edward Cates, Chairman of the Board, TSCL Your participation in our online surveys drew widespread attention in 2022. Journalists used the findings of our surveys to publicize our growing concern that inflation has pu ...
Legislative Update: Worry About Proposals to Cut Benefits Highest in Decade
By Daisy Brown, TSCL Legislative Liaison How have you fared through the past year of record inflation? Karen K. of FL recently told us, “My income has been stretched to the limit. I no longer have the little extra dol ...
Ask the Advisor: January/February 2023
Q: How Important Is Benefit Taxation to Social Security and Medicare Financing? A: The proceeds from the taxation of Social Security benefits are credited to the Social Security and Medicare Trust Funds and currentl ...