By Daisy Brown, Legislative Liaison, TSCL The Social Security Fairness Act, signed into law by former President Biden in January, will raise benefits for 3.2 million Americans who receive pensions for work that Social ...
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Did You Know About This Resource to Help Care for Loved Ones With Dementia?
By Alex Moore Dementia affected more than 6.7 million Americans in 2023, according to the Centers for Medicare and Medicaid Services (CMS), with 14 million projected cases by 2060. The disease is brutal, not just for ...
Medicare Starts Punishing Pharma Price Gougers
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 ...
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 ...
How Would Changing Social Security’s Payroll Taxes Affect the Program’s Finances?
By Alex Moore As you probably already know, Social Security is funded by a payroll tax. The rate is currently 12.4 percent, with employees and employers each paying 6.2 percent of wages up to the taxable maximum of $1 ...
What’s a MOOP?
By Susan Stewart, Licensed Insurance Agent MOOP stands for Maximum Out of Pocket. As a licensed insurance agent, I’m required to quote it to my clients when I help them pick an insurance plan, but people often struggl ...
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 ...
Social Security Fairness Act Passes the Senate After Grueling Process
By Daisy Brown, Legislative Liaison, TSCL Seniors have cause to rejoice. The Social Security Fairness Act, a bipartisan bill long in the making, finally passed the U.S. Senate and was signed by the President on Januar ...
Best Ways to Save: Refresh Your Wardrobe With Online Consignment Stores
By Alex Moore The typical senior household spends nearly 2 percent of its budget on clothing and apparel, according to the Bureau of Labor Statistics. That isn’t all seniors, though. Aging fashion-lovers often spend m ...
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