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  • How Much Less Do Notch Babies Receive

    Social Security benefits are one of the few sources of retirement benefits to be adjusted for inflation. The intention is to protect the buying power of benefits when prices increase. But retirees frequently notice that over time their Social Security benefits don't buy as much as they used to. This happens when the annual COLA doesn't keep pace with the increases in costs typically experienced by older and disabled beneficiaries. . You bring up an important gap in our Social Security protections. In order for children to qualify for a Social Security dependent benefit, that benefit would need to be based on an account of a parent who meets eligibility requirements for Social Security and is deceased, disabled, or retired. The parent would need to meet the eligibility rules in order for your grandson to receive a benefit based on the parent's account. However, if the biological parent has not yet met all eligibility rules then, in order to receive a Social Security benefit, you would need to first adopt the child so that he qualifies for a benefit based on your account. .Can We Trust Congress After Surprise Social Security Cuts? … Continued

  • S 2251 Seniors And Veterans Emergency Save Benefits Act

    It's a seldom-acknowledged fact. Yet it has growing repercussions for U.S. senior citizens. Immigrants who worked here illegally can claim Social Security benefits based on those illegal earnings. Illegal workers often supply employers with fake, or invalid, Social Security numbers (SSNs) that are not authorized for work. When the Social Security Administration receives wage reports under a name and/or SSN that does not match the records, the wage reports accumulate in an "Earnings Suspense File." Later, the illegal worker can file a claim for benefits based on those earnings if he or she can show evidence (like a W2) of employment and earnings. .I Thought My Co-pay Would Be Why Did I Have To Pay 3.45? .Thousands of nursing homes across the country have not been checked to see if staff are following proper procedures to prevent coronavirus transmission, a form of community spread that is responsible for more than a quarter of the nation's Covid-19 fatalities. … Continued

The Strategic National Stockpile will maintain the supplies while additional surge manufacturing is built up, a senior administration official said Thursday. The stockpile will include testing supplies that were not maintained in the past. .Taxpayers who are employed and receive Social Security, or similar retirement benefits. .Changes are looming for Medicare and Social Security. Make your opinion count. Visit TSCL online at and take our monthly poll. We'll announce the results in upcoming issues of this newsletter. .For years, workers were told to rely on a combination of Social Security, workplace pensions and their personal retirement savings. However, over the past 30 years or so the landscape of retirement savings has dramatically shifted. Traditional workplace pensions have shifted to 401(k) plans while some have been eliminated altogether, and the recent financial and housing collapse left many households with dramatically less value in homes and retirement funds. Partly as a result of these changes, many baby boomers and other future retirees are facing greater "risks" of not having enough to live on in their retirements. According to the Center for Retirement Research, 51 percent of households are "at risk" of not being able to maintain their pre-retirement standard of living. .As we said above, the devil is in the details. Rather than signing four "executive orders," the only real executive order was the one on housing. The other three actions are marked as "memorandum," which carries less authority. .But last Monday the drug company executives announced they would not be going to the White House meeting. A spokesman for PhRMA, the giant lobbying group for many of the biggest drug manufacturers, said the White House talks were a distraction. .We are still learning how vaccines will affect the spread of COVID-1After you've been fully vaccinated against COVID-19, you should keep taking precautions in public places like wearing a mask, staying 6 feet apart from others, and avoiding crowds and poorly ventilated spaces until we know more. .Since passage of Medicare in 1965 all seniors received the same benefits for the same standard premium. But in 2003, Congress took the unprecedented step of passing legislation that required "upper-income" seniors to pay increased premiums for Medicare Part B. Forcing these seniors to pay more for the same Medicare benefits is known as the "means test." .Is Low Cost Dental Insurance A Good Reason to Switch Health Plans?