pricey, especially since you may pay for it years before you use it. Some.With both chambers of Congress adjourned, the 113th Congress has officially come to a close. Lawmakers are expected to return to Capitol Hill on Monday, January 5th, to begin the first session of the 114th Congress. TSCL looks forward to working with both new and veteran lawmakers in the New Year, and we will continue to advocate tirelessly on behalf of our members and supporters in 2015..While most retirees tend to want to hold onto their current supplement or health plan, concern about rising costs is universal. TSCL's 2019 Senior Survey found that more than 75% of survey respondents favor the establishment of a cap on the maximum percentage of profit that private insurers may earn..He had demanded a payroll tax cut previously this year. Thankfully, Congress did not go along with him when it passed the previous legislation meant to deal with the coronavirus pandemic and the ailing economy that resulted..Two powerful Senators from the President's party have also discussed this issue. According to the same report, the number two Republican in the Senate, John Thune of South Dakota has said, "We've got to fix that. It's going to take presidential leadership to do that, and it's going to take courage by the Congress to make some hard votes. We can't keep kicking the can down the road. I hope in a second term, he is interested," Thune said of Trump. "With his leadership, I think we could start dealing with that crisis. And it is a crisis.".So, we wanted to close this week's update with some good news, as reported by Bloomberg News..Increase Social Security's minimum benefit so that workers who pay into Social Security for 30 years can retire at 62 or later and have benefits above the federal poverty line..In addition Senator John Barrasso, the third ranking Republican in the Senate, has stated that members of his party have "brought it up with President Trump, who has talked about it being a second-term project.".Public benefits counseling

Vaccine Monitor Some Who Were Hesitant To Get A Vaccine In January Say They Changed Their Mind Because Of Family Friends And Their Personal Doctors

of the Center for Infectious Disease Research and Policy at the University of Minnesota and one of the foremost experts in the world on infectious diseases, said "the next six to 12 weeks are going to be the darkest of the entire pandemic.".Late enrollment penalties are not like one-time tax penalties. Under the late enrollment penalty your monthly Part B premium may go up 10% for each full 12-month period that you delayed enrollment, and you pay the higher premiums for the rest of the time you receive Medicare..The bill caps the Part B premium increase for next year at the 2020 amount plus 25% of the difference between the 2020 amount and a preliminary amount for 202The preliminary amount would be calculated the same way that it would have been without the bill, but would prevent dramatic increases that may have occurred as a result of Medicare Part B premiums growing when the COLA is so low. … Continued

Community Involvement Initiatives And Programs Heart Safe Communities Cpr And Aed Training In Minnesota And Western Wisconsin

The place to start learning more about your retirement or survivors options is the Social Security website, but don't stop there. If you have a retirement account, ask your financial advisor if Social Security benefit planning services are offered..Surveys show a majority of Americans would like to see an increase in the Social Security payroll tax, but a new tax reform proposal would eliminate the 12.4 percent payroll tax altogether. This would end Social Security as we know it and transform it into a welfare program for older Americans. Do you support this drastic new proposal?.This week, The Senior Citizens League was pleased to see support grow for two key bills. … Continued

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