News

  • Legislative Update Week Ending June 26 2015

    You must follow Medicare guidelines for receiving the services to ensure coverage. Find out how often you should receive a service. Some preventive services are covered only once every few years, others are covered only if you meet specific criteria. To learn more read "Your Guide to Medicare's Preventive Services," CMS Product No. 101Download a copy at www.Medicare.gov or call 1-800- Medicare ( 7). .You should still delay domestic and international travel. If you do travel, you'll still need to follow CDC requirements and recommendations. .Unlike income brackets that are adjusted annually, the income thresholds that subject Social Security income to taxation are fixed. Because of this, the number of Social Security recipients who are hit by the tax has increased substantially over the years as incomes have grown. … Continued

  • 2016 Legislative Update For Week Ending February 5 2016

    TSCL Urges Action on Debt Ceiling .The Medicare Prescription Drug Price Negotiation Act (H.R. 275), which was introduced by Congressmen Peter Welch (VT) and Francis Rooney (FL-19), would require the federal government to negotiate lower Medicare Part D prices on behalf of Medicare beneficiaries. .What Is the Risk of Catching the Coronavirus on a Plane? … Continued

House Committee Advances IPAB Repeal .In 2018, the Part B premium remained 4 per month. To cover that premium, Barbara, whose Part B premium was 8.00, needed a COLA of at least .00. That was more than the 2% COLA boosted her Social Security benefits. Once again her Part B premium was adjusted and in 2018 she pays a Part B premium of 7.00 per month. In 2019 her COLA will be high enough to catch up to the Part B premium of 5.50 and still leave a small boost for her net Social Security benefits. .Both my wife & I are Notch Babies, and should have had higher Social Security benefits than we got. Instead of Congress fighting amongst themselves, we would be better served if they would pass a bill to catch up on our money. Are they waiting for us to die? I am 91, and my wife is 8It's a struggle to live on our benefits. .Taxpayers who are employed and receive Social Security, or similar retirement benefits. .Social Security Earnings Repeal Act Introduced in the House ."The bill does nothing at all to reduce or eliminate the tax on Social Security benefits that burdens more than half of all retiree households," Johnson notes. Yet the tax cuts for corporations and the wealthiest households in the Tax Cut and Jobs Act will add an estimated .5 trillion to the national debt. Some conservative Members of Congress say they are planning a budget that would require mandatory spending cuts to reduce the debt next year. .Depending on the size of COLAs and the amount of the Medicare Part B premium increase in following years, it may well take Sally another year, possibly even longer, to see any increase in her net benefit. Meanwhile Sally's other household costs have made big jumps. .Funding concerns are one of the key reasons TSCL is relieved SSA has decided to remove the text requirement from the login process. Without online access, more seniors than ever would have been relying on their local Social Security offices, and under-staffed offices would surely have been overwhelmed with requests. .(Washington, DC) – The Social Security Administration has announced that the annual cost-of-living adjustment (COLA) will increase benefits by 2.0 percent for 201While the increase is the highest in five years, it won't be enough to offset dramatically higher Medicare Part B premium increases for millions of beneficiaries, warns The Senior Citizens League.