How To Increase Medical Tax Deductions for Older Taxpayers New IRS medical expense rules for people age 65 and over reduce the amount of medical expenses you can deduct for the 2017 tax year (which you file in 2018). ...
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Benefit Bulletin
What To Do When You Can’t Afford Your Drug Costs By Chairman Art "Coop" Cooper If your prescription drug costs are outgrowing your ability to pay for your medicine, look into Medicare’s “Extra Help” program. The p ...
My Letter From Social Security
Thank You Anyway, I’ll Just Keep Working A Little Longer By Mary Johnson, Editor Most Americans are under-informed about their Social Security retirement choices, and they don’t mind saying so. The fact is the Soc ...
Why We Need A Better COLA
Social Security recipients will get 2% cost-of-living (COLA) adjustment effective January 2018. But despite it being the largest increase in five years, the news is being met with frustration from millions of retiree ho ...
Cuts To Social Security, Medicare, and Medicaid Not Supported By Older Voters
(Washington, DC) – A survey of older voters indicates that Congressional plans to cut Social Security, Medicare and Medicaid in order to shrink the deficit would be politically explosive in an election year, warns The Se ...
Medicare Part B Increase Will Consume Retirees’ Entire COLA
(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 ...
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 ...