By Mary Johnson, Editor Medicare is highly popular among retired and disabled beneficiaries. But according to a study of international health systems, older Americans are in worse health and pay more for their heal ...
Category: Uncategorized
Social Security COLAs Need to Double and Medicare Part B Increases Cut in Half, to Ensure Benefit Adequacy
(Washington, DC) – Social Security cost-of-living adjustments (COLA) would need to double their rate of growth and Medicare Part B premium increases would need to slow by half their historic rate to provide greater Socia ...
Hold Harmless Study
2020 COLA Hold Harmless Issue Brief 9.2020 An Emergency COLA in 2021 Would Prevent Economic Insecurity and An Unprecedented Medicare Part B Premium Increase for Older Americans September 2020 By Mary Johnson, So ...
How Tax Reform Affects People 65 And Over For 2017 Tax Season
Tax legislation enacted at the end of last year makes significant changes that touch virtually all taxpayers. While most of the new provisions have consequences for the 2018 tax year and thereafter, there are at least a ...
Congressional Leaders Call For Cuts to Social Security, Medicare and Medicaid
Shortly before passing tax reform into law, Republicans announced plans to go after “entitlement spending” in 2018 to reduce the federal debt. Passage of the tax bill is estimated to increase the federal deficit by $1.5 ...
Ask The Advisor: What Did My Member of Congress Mean By That?
What Did My Member of Congress Mean By That? Q: What does it mean when a Member of Congress says he favors changing Medicare from a “fee-for-service” model to one where the patients would pay based on health outcomes ...
Q & A: What is our best retirement age option?
Q: In 2018, I will turn 62 and my spouse will turn 66. What is our best retirement age option? My husband had higher earnings throughout his career than I did, and funded a 401(k) through his employer. I have a tradi ...
Chained CPI Would Cut Average Social Security Benefits
(Washington, DC) – Higher taxes — lower benefits — more complexity. A new, more slowly growing consumer price index (CPI), known as the chained CPI, promises the worst of all worlds for tens of millions retirees, disabl ...
64 Percent of Retirees Affected By Nine Years of Flat Growth In COLA
(Washington, DC) – Extremely low Social Security cost of living adjustments (COLAs) have significantly impacted the retirement income of almost two-thirds of all older Americans, according to a new analysis by The Senior ...
Q & A: Will my Social Security benefits be taxable?
Q: I retired last year, but my spouse continues to work. This will be our first tax season with Social Security benefit income. Will my Social Security benefits be taxable? A: If you’re receiving Social Security in ...
Close