A pending Totalization Agreement with Mexico could add more than 1.6 million Mexicans to the rolls and cost in excess of 7 billion by 2040 according to a new report released by TREA Senior Citizens League. The cost estimate, the first of its kind, was performed for TSCL to provide a more comprehensive picture of the impact a totalization agreement with Mexico would have on the fiscal solvency of Social Security..a more generous cost-of-living adjustment by calculating the annual boost using the Consumer Price Index for the Elderly,.Medical costs are a big expense in retirement that many retirees tend to underestimate. But healthcare isn't always the biggest item. Housing takes the biggest chunk of the household budget in retirement. Here are five of the biggest housing expenses to whittle down in 2014:.Applying the payroll tax to all wages over 0,000. Currently, payroll taxes are not paid on income over 8,500, which means millionaires and billionaires pay a much smaller tax rate than everyone else..Is the President over-reaching his powers? Should changes in immigration law be left up to Congress?.On NBC's Meet the Press program on Sunday Dr. Michael Osterholm, the director.Medicare Savings Programs cover the cost of the Medicare Part B premium, saving a person 8.50 per month in 202Depending on income, those with the lowest income may also qualify for additional benefits that cover the Part B deductible and out-of-pocket costs. People with incomes in 2020 of up to ,456 per month or ,960 might be eligible if they have limited savings and resources of ,860 or ,800. These limits are slightly higher for Hawaii and Alaska. This program is administered through state Medicaid programs and states may have guidelines that allow people with slightly higher income to enroll. If interested,contact your local Medicaid office to apply..senior who hadn't seen a doctor in years, despite being a smoker. It took some.If you would like to view past press releases or sign-up to receive press releases via email, click here.
