(Washington, DC) – Despite receiving the largest Social Security cost of living adjustment (COLA) in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security b ...
Category: Uncategorized
Legislative Update for Week Ending October 27, 2017
This week, lawmakers in the House adopted the Senate-passed fiscal 2018 budget resolution, and one committee met to discuss the challenges of aging with disabilities. In addition, The Senior Citizens League (TSCL) endors ...
Ask The Advisor: November 2017
Would Tax Reform Affect My IRA and 401(k)? Q: Can you tell me what sort of tax reforms have been proposed, and what might that mean for retirement accounts like IRAs and 401(k)s? Although I’m over 60, I’m still worki ...
Social Security Benefits Lose 30% of Buying Power Since 2000
(Washington, DC) – Social Security beneficiaries have lost nearly one – third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study by The Senior Citizens League (TSCL). The ...
Loss of Buying Power Study
TSCL Loss of Buying Power Study 2017 ...
Extreme Drug Cost Variation Between Drug Plans in Medicare Part D
(Washington, DC) – Medicare doesn’t have the authority to negotiate drug prices, leaving millions of older Americans at risk of price gouging for their prescription drugs, according to a new comparison of drug plans by T ...
Social Security Reform “Trigger” Buried in GOP Budget Resolution Says The Senior Citizens League
(Washington, DC) – The House fiscal year 2018 budget resolution includes instructions for creating an unusual Social Security “reform trigger” and sets up an expedited path for ensuing legislation, says The Senior Citize ...
Q & A: August 2017
Q: Can you tell me how I can find out what my benefit and probable income from Social Security would be? I’ve heard some complaints about conflicting information. I turn 62 later this year. A: The age at which you ...
Ask The Advisor: July 2017
Is This “Ageism?” Q: A 63 year old acquaintance told me that she’s having trouble finding another job despite having worked professionally for years. She suspects that younger managers think that older workers don’t ...
Benefit Bulletin: July 2017
How Capping Medicaid Would Affect Low - Income Medicare Recipients Medicaid plays an essential role for both low–income older Americans and middle-income older people who have been made poor by their health care costs ...