(Washington, DC) While the 2017 “Tax Cut and Jobs Act” is expected to lower taxes for many taxpayers, it doesn’t address a feature of the tax law that takes a cut of Social Security income from a growing number of older ...
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Benefit Bulletin: February/March 2019
Proposal Would Reduce Widows’ Poverty When a spouse passes away, widows are more much more vulnerable to poverty than married women. The poverty rate for widows ages 65 and up is three times higher than it is for ma ...
Ask the Advisor: February/March 2019
When Should Single People Move to Assisted Living? Q: My sister lives alone at age 78. She has no children. I’ve noticed a growing number of changes in her health over the past two years. She seems to have problems ...
Warning! Scam Calls Impersonate Social Security — Help Report This Scam
By Mary Johnson, editor Reports are coming in across the country of a new Social Security scam. Scammers use a threatening tone saying that due to illegal activity (such as an “account breach”) your Social Security ac ...
Benefit Bulletin: January 2019
Arthur Cooper How Participation in TSCL’s Senior Survey is Changing the Conversation on Protecting the Adequacy of Social Security Polls and surveys are key means for the public, Members of Congress and the Presid ...
Medicare for All — What Would That Mean for Today’s Medicare Enrollees?
“Medicare for All” became a popular rallying cry during the recent midterm elections — especially for Democrats. Last fall, the Trump Administration’s top Medicare official, however, warned that Medicare has enough prob ...
IRS Tax Warning For Retirees
The IRS is warning retirees to get an idea of how much income tax you may owe for 2018, and determine whether you need to make an estimated payment by January 15th, 2019. Recent changes to the tax law lowered individual ...
Ask the Advisor: December 2018
Is Life Insurance After Starting Social Security Worth the Money? Q: Could you tell me the advantages and disadvantages of life insurance once we start Social Security? Doesn’t Social Security pay widow’s benefits? ...
Retirees’ Secret Christmas Wish — Keeping Warm This Winter Home Heating Costs 26.2% More for the 2018–2019 Season New List of Rising Retiree Costs From The Senior Citizens League
(Washington, DC) Gift certificates for home-heating oil are likely to be among the most appreciated gift you can give this holiday, says The Senior Citizens League. “That’s because it will cost many Americans roughly 26 ...
Tax Cuts to Expire Affects People With the Highest Healthcare Costs
(Washington, DC) – One of the first tax cuts to expire under the recent tax law is likely to disproportionately affect older taxpayers and others with the highest healthcare costs starting in 2019, says The Senior Citize ...