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  • Social Security Benefit Keeping Rising Costs Probably Not

    TSCL strongly supports legislation like the Notch Fairness Act that would provide Notch babies with modest compensation, and we were pleased to see support grow this week. .What do you think? Take TSCL's 2014 Senior Survey. .A new fraud scheme designed to target seniors appears almost daily. In many cases, seniors have watched their entire life savings disappear in scams that are specifically designed to target their assets. … Continued

  • Category Legislative News Page 46

    Also last year, I introduced the Medicare Advantage Coverage Transparency Act which was ultimately passed with unanimous support and then signed into law by President Obama. Decision-making in Washington should be based on transparency. A truly representative legislature should foster a culture of openness, which is why this law now requires the Department of Health and Human Services (HHS) to offer Congress expanded information on Medicare Advantage enrollment each year based on zip code, congressional district, and state. The purpose of this additional data is to provide greater information to the public, to policymakers, and to the health care community so they may have the most up-to-date information when making decisions. .The Social Security Administration is required to withhold in benefits for each you earned above the limit until the year in which you reach full retirement age. The year in which you reach full retirement age, you are allowed to earn more. The amount you may earn is adjusted annually. In 2007 when you retired, it was ,960 (,080 per month) for retirees like you who were under full retirement age. .TSCL Supports New Legislation … Continued

Planning healthcare costs is extremely important, but not an easy task. According to the Kaiser Family Foundation, healthcare expenses, on average, accounted for nearly 15 percent of Medicare household budgets in 200But even if you're in good health today, you're not out of the woods. The amount you spend on healthcare not only grows every year, but your need for more healthcare services increases with age. .What you can do. If you come across an op-ed calling seniors "Greedy Geezers" in your paper or hear it elsewhere let's set the record straight. Send a letter to the editor of the publication where you see it and please send TSCL a copy! Send mail to: The Senior Citizens League, 1001 N. Fairfax St. 101, Alexandria, VA 22314. .TSCL is urging older Americans to speak out to Members of Congress about earned benefits like Social Security and Medicare. What do you think? Visit to participate in TSCL's annual Senior Survey. .Background Information: Roughly 56% of older taxpaying households paid income taxes on a portion of their Social Security benefits this year, even though many of them only made twice the federal poverty level in income. Question: Do you believe this is fair, and if not, what should be done about it? .This week, the Congressional Budget Office (CBO) released a report on the nation's long term budget outlook, and Doug Elmendorf – CBO's Director – met with the House Budget Committee on Wednesday to discuss the findings. In addition, The Senior Citizens League (TSCL) saw three key bills gain critical support. .78% Of Older Voters Support Strengthening Social Security By Raising Payroll Taxes .Having income to supplement Social Security benefits that lasts your entire life, no matter how long you live, is a challenge for many seniors. If you don't get a sizable pension from an employer, but you have some savings built up in retirement accounts, "longevity insurance policies," better known as annuities, might be worth considering. .TSCL supports these bills enthusiastically, and we were pleased to see support grow for them this week. For more information, visit the Bill Tracking section of our website. .Get signed up for Medicare now in order to have your coverage start the month you turn 65!