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 ...
Category: Uncategorized
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 ...
The Social Security and Medicare Advisor – 23.01
The Social Security and Medicare Advisor - January/February 2023 ...
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 ...