The Social Security and Medicare Advisor - January/February 2023 ...
Category: Uncategorized
December 2022
Last Update for 2022 This is our last update for 2022. Congress has finished its business for the year and is out of session until the new Congress convenes in January of 2023. Thank you for the ongoing privilege of c ...
Study Shows Hearing Aids Can Reduce Risk of Dementia
As we age, seniors face the reality that dementia is a possibility and that, in some respects, whether we get it or not is out of our hands. Simply getting older is the biggest risk factor, followed by genetics. The g ...
Covid-19 Cases on the Increase
Yes, we are all sick of covid and want to get back to living our lives in a normal way. However, as others have said, covid is not done with us. Although not nearly as severe as in the past couple of years, covid infe ...
New Funding Bill Contains Important Medicare Measures
Following the lead of the Senate, last week the House of Representatives passed a huge bill to fund the federal government for the remainder of the 2023 fiscal year. The information presented below is, to the best of our ...
FAQ: Inflation Outlook for 2023
Q: Will Prices Come Down In 2023? A: Consumer price data through September of 2022 suggests that the rate of price increases gives no clear sign that inflation is abating yet. So far, there’s no indication that inflati ...
FAQ: Social Security’s Solvency
Q: Will the 8.7% COLA affect the solvency of Social Security? A: TSCL thinks it might. Since 1975, the Social Security Administration has automatically adjusted benefits annually based on inflation. Rarely have pric ...
Legislative Update: December 2022
By Daisy Brown, TSCL Legislative Liaison Q: What Does TSCL Support To Make Medicare And Social Security Benefits More Adequate? A: Keeping Medicare affordable while providing effective, high-quality care often tops TSC ...
Benefit Bulletin: December 2022
Edward Cates, Chairman of the Board, TSCL Q: How Could the COLA Affect Medicare Costs? A: Rising Social Security income due to the COLAs will provide some greatly needed relief from rising prices. But the increased i ...
FAQ: Taxation of Social Security Benefits
By Mary Johnson, editor Q: How Will Inflation Affect Your Taxes? A: With inflation at historic levels, it’s helpful to know about two important inflation- related factors of our tax code that affect what older (and dis ...