A Treasury Department watchdog last Friday released public service announcements cautioning the public about IRS impersonation scams. The scams rely on impersonators who either claim to be IRS employees on the phone o ...

Last week Congressman Peter DeFazio and Senator Bernie Sanders introduced joint legislation, the Social Security Expansion Act (SSEA), to strengthen and expand Social Security for current and future generations. The S ...

Whether it is a coincidence or was planned knowing the Social Security Trustee’s report would be released last week, the Senate Budget Committee will hold a hearing this Thursday on Social Security. Congressional Democra ...

While Congress was on Memorial Day recess last week the annual Social Security Trustee Report was released. It announced that the financial health of Social Security improved slightly over the past year. The report pr ...

Q:  The Federal Reserve increased interest rates “to put the brakes on inflation.”  How does that work?  Wouldn’t I pay higher costs when credit card companies raise interest rates?   A:  TSCL believes that putting th ...

Five Ways to Save When Everything Is Going Up By Mary Johnson, editor With persistent inflation around 8.5%, a historic 40-year high compared to a year ago, everyone is looking for ways to reduce costs and save mon ...

High Inflation Could Lead to Higher Taxes for Social Security Recipients By Doug Osborne, Legislative Liaison The next tax season could be a difficult one for many unsuspecting older taxpayers.  TSCL believes many ...

Staffing Shortages at Long Term Care Facilities May Not Recover Quickly By Rick Delaney, Chairman of the Board The annual average price of a semi-private room in a nursing home in 2020 was about $95,000 at the star ...

By Mary Johnson, editor Higher consumer prices for just about everything continues to work through the pipeline and are reaching levels that haven’t been seen since 1981.  As of consumer price data through April, the ...

About 250,000 retired employees of the city of New York recently learned their health benefits would be funded in part by the federal government’s Medicare Advantage program — a move estimated to save the city $600 milli ...