H.R. 82, The Social Security Fairness Act, has finally reached the magic number of over 290 co-sponsors. The Social Security Fairness Act (H.R. 82), if passed into law, would eliminate the Windfall Elimination Provision ...
Category: Uncategorized
Bill to Lower Insulin Costs Faces Delays in Senate
Last week we also reported on a bi-partisan bill in the Senate that would lower the cost of insulin and cap the out-of-pocket cost to diabetes patients at $35 a month. Because it was developed by Senators Jeanne Shaheen ...
Manchin Torpedoes Plan for Bill to Lower Drug Prices
For the past few weeks, we have been reporting that the Democratic majority in the Senate was going to try to pass a bill to lower prescription drug costs before Congress goes on its annual August recess. We said that ...
TSCL Makes News on Social Security COLA Increase
Once again, TSCL is being quoted in a number of media outlines regarding its forecast of the 2023 Social Security COLA. Among them is Yahoo Finance, which said this: “Based on new inflation data through June, the cost ...
Government Agency may Join Effort to Lower Drug Prices
The Federal Trade Commission (FTC) is considering the use of a rarely used anti-price discrimination law to potentially crack down on dominant companies’ unfair use of market power. The Federal Trade Commission is rampin ...
Insulin Costs Not Included in New Bill
One of the goals of many members of Congress has been to lower the cost of insulin. However, the latest bill to lower prescription drug prices removes a provision to cap patients’ insulin costs at $35 per month. That ...
Social Security Solvency
Extending the solvency of Social Security, along with lower prescription drug prices, has been at the top of TSCL’s agenda for several years so we are pleased the Senate is addressing those issues in this bill. The wa ...
New Senate Bill would Lower Drug Prices – Extend Social Security
Last week we told you that Senate Democrats have revealed they will make one last try to pass a bill to lower prescription drug costs before Congress goes on its annual August recess. That effort starts this week when bo ...
Ask the Advisor: July 2022
Q: I was born in 1951 and turn 71 this year. I understand that a second round of legislation was passed by the House that would increase the age for taking required minimum distributions from a 401(k). Could you tell ...
Best ways to Save: July 2022 – Is Senior Home Sharing a Good Idea?
Online home sharing match-up programs are helping to match seniors with compatible individuals seeking safe, affordable housing. Home sharing agreements can sometimes include provision of some assistance (such as meal p ...