How Does the New Tax Legislation Affect People Age 65 and Over? Q: I’d like to do some tax planning before the end of the year. What can you tell me about the impact on people over the age of 65? A: Th ...
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More Than 5 Million Social Security Recipients May Not See Any Growth in Net Benefits Despite Highest COLA in Seven Years
(Washington, DC) – More than 5 million Social Security recipients with the lowest benefits are unlikely to see any net growth in their monthly checks after deduction of the Medicare Part B premium in 2019, according to a ...
Social Security COLA Estimated to Be 2.8 Percent
(Washington, DC) – Social Security recipients can look forward to receiving an annual cost-of-living adjustment (COLA) of about 2.8 percent in 2019, according to the latest estimate released by The Senior Citizens League ...
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What the Social Security Trust Fund Is Missing From Top Paid U.S. CEOs
(Washington, DC) A new analysis from The Senior Citizens League takes a look at what the Social Security Trust Fund might collect in payroll tax revenues from just a few of the highest paid U.S. workers. “In a samp ...
Denials of Coverage Highest For Medicare Advantage Plans
Narrow provider networks of private Medicare Advantage managed care plans can result in denials of coverage and surprise bills when care is obtained from out-of-network doctors and other healthcare providers. A recent a ...
Ask the Advisor: September 2018
How Can We Cope With Debt In Retirement? Q: My husband survived cancer but his healthcare costs depleted our savings. Do you have suggestions for coping with debt in retirement? A: Debt among older Americans is ...
Q & A: September 2018
Q: When I enrolled in Medicare two years ago I purchased a Medigap “F” supplement. Since then, my premiums have gone up 15% a year! I’m worried that I won’t be able to sustain cost increases like that for long. Am I a ...
Congressional Corner: Senator Tim Kaine Outlines Steps to Improve Medicare Coverage and Affordability For Every Older American
By U.S. Senator Tim Kaine Tim Kaine is a United States Senator from Virginia. In the Senate he is a member of the Health, Education, Labor, and Pensions Committee. He is one of 30 people in American history to have ...
Growing Number of Retirees Say Healthcare Costs Take Up to One-Half of Their Social Security
(Washington, DC) The portion of Social Security benefits that retirees spent on Medicare premiums and out-of-pocket costs climbed in 2018 for a growing number of retirees in 2018, according to a recent survey by The Seni ...
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