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Under current law, workers earning more than 0,100 today pay no Social Security taxes on their earnings over that amount. A major proposal to extend the solvency of Social Security would increase or completely eliminate the taxable maximum. What is your position?.however, my client was able to save ,080 in uncovered out-of-pocket drug costs.Homeowners and renter's insurance: With severe weather-related disasters, homeowner's insurance is one of the top ten fastest rising senior costs. If you haven't done so recently, review your coverage and determine whether it's based on the current value of your home and realistic current replacement costs. Many policies have new deductibles for wind and hurricane damage based on a percentage of your home's value, so take care and look before being tempted to increase deductibles to lower premium costs. Do shop around with other highly rated insurers to see if you can lower your premiums..According to Rep. Valadao, approximately 13 million Americans experienced some form of identity theft in 2014, resulting in a loss of billion. Upon introducing it, he said: "The fact that this crime affects children, seniors, and veterans makes it even more imperative that the federal government does everything in its power to prevent identity theft.".When all else fails - appeal. If you disagree with a coverage or payment decision by Medicare or your health plan, you can appeal. Learn how here..In reality, there's no need to cut or privatize Social Security in order to assure its solvency. Social Security could pay its full promised benefits for decades to come if we simply asked all Americans to pay their fair share of FICA taxes. Here's the deal: Ninety- four percent of American workers pay into Social Security all year long on every dollar they earn. The wealthiest six percent do not. They stop paying after their income hits the 8,500 cap. For people taking home million or more, that arrives just six weeks into the year. Some even finish paying just after New Year's Day. This gaping loophole allows billionaire hedge fund managers and corporate CEOs to pay a far lower percentage of their income into Social Security than teachers, police officers and healthcare workers..Increasing the payroll tax cap. Currently, the amount of earnings subject to payroll tax is 7,200, and the Social Security payroll tax is not applied to annual income over that amount. In a recent survey of TSCL's members, 73% said they would like to see the 6.2 percent payroll tax applied to all earnings in order to increase the solvency of the program..In the coming days and weeks, TSCL will monitor the AHCA's movement very closely, and we will continue to advocate against provisions of the bill that would jeopardize the health of older Americans. For progress updates, follow TSCL on Twitter or Facebook..TSCL believes that in the lame-duck session following the November elections, Congress must prioritize the passage of legislation that would make the Social Security COLA more fair and accurate. In the weeks ahead, our legislative team will continue to advocate for the CPI-E Act, as well as for legislation like the SAVE Benefits Act, which would make up for this year's zero COLA with a one-time emergency 3.9 percent increase. For progress updates, follow TSCL on Twitter or Facebook.