Patient Education Your Newborn Health Care When To Call Your Babys Health Care ProviderCutting Benefits for Current Retirees or Any Americans Over Age 50: Many current retirees are already struggling financially, and people need adequate time to plan and prepare for changes to something as important as Social Security..Social Security Cost of Living Adjustment Ensuring a fair, accurate, and guaranteed COLA..Three Programs That Help Seniors With Medicare Costs … Continued
Blog A Look At Health Provisions In The Cares ActThis may be difficult to believe, but consumer price index data suggests that the annual Social Security cost-of-living adjustment for 2020 could be close to zero next year - a mere 0.5 percentage point. This comes even as the costs of goods and services used by retirees are shooting upward according to responses to TSCL's 2019 Senior Survey..The less painful alternatives are: bringing new state and local workers into the Social Security system, gradually raising the payroll tax cap to its originally intended level, and raising the retirement age..It depends. If you meet the requirements you're OK to delay. It's important to keep in mind that failure to enroll in Medicare on time is one of the most costly mistakes that working Medicare-age seniors make. You can wind up getting hit with late enrollment penalties that you'll have to pay every year for the rest of your life. Those penalties could drain thousands in extra Medicare costs from you and your wife's savings and income. … Continued
