This week, lawmakers returned to their home states and districts for a two-week spring recess. They are expected to return to Capitol Hill on Monday, April 2In the meantime, many Members of Congress will be hosting town hall meetings, which The Senior Citizens League encourages its supporters to attend..To find a senior center in your area check your local phone book or call the Eldercare Locator at..What are budget cutters looking at? Here are a few key proposals under discussion. After reviewing these, tell us what you think by taking our survey..Should I Drop Medigap For Medicare Advantage?.Social Security beneficiaries are receiving a cost-of-living adjustment of just 1.6% this year. For many, that won't be enough to keep up with healthcare costs, let alone items like homeowners and auto insurance or rising real estate taxes. That leaves retirees digging deeper into savings - if they have any, or - going deeper into debt..Consumer price index data show that the rate of inflation has changed significantly over the past decade, and has yet to return to the average rate during the decade prior to the 2010 Great Recession. From 1999 to 2008, COLAs averaged 3%. Since 2010, however, the COLA, which is tied to the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, has averaged just 1.4%. Since that year, inflation has been so low that there was no COLA payable three times - in 2010, 2011, and 201In 2017, inflation was almost zero at just 0.3 percentage point. This is not normal, and research on the costs experienced by older Americans indicates the COLA often doesn't reflect inflation that retirees actually experience..Selling a home to move to lower-cost housing, or as part of a move to assisted living, involves plenty of cleaning, repairs, and maybe some renovations. To get the most money, and to recover your repair and renovation investment, focus on improvements that are either necessary to sell your home, or those that will help get you a higher price. While every home is different, here are six home improvements that tend to get the best return:.The report stated that the four changes together would eliminate 113% of Social Security's projected long-term financing gap. The majority of participants, who included all income levels, and political party affiliations, preferred the package of changes. "This survey reflects similar findings to surveys conducted by TSCL," says TSCL's Executive Director Shannon Benton. We hope that this survey can serve as an outline for a plan to strengthen Social Security without having to rely on benefit cuts," she states. "We encourage our readers to share the findings of this study with your Members of Congress," Benton adds..Due to your income, you are subject to paying high income premium surcharges for both Part B and Part D drug coverage. The income brackets that determine the amount of your premiums have been adjusted for inflation this year after no adjustments in 2011 through 2019.

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Despite the slowing of the CPI, earlier this year, Medicare actuaries estimated that the base Part B premium paid by most seniors will climb about 8%, from .90 per month to 9.10, starting next January..and if your drug plan doesn't cover it, or drops coverage, you may want to go.Immigration law forbids working in this country without legal authorization and a Social Security Number. Yet millions of "undocumented" immigrant workers are earning income. Illegals often get jobs by using illegally obtained, forged, or invalid Social Security numbers. Employers in turn withhold payroll taxes and report the earnings to the Social Security Administration using those numbers. When the numbers don't match up with the numbers issued by SSA, they go into a special file called the "Earnings Suspense File." Valid numbers issued from the U.S. government are also misused. … Continued

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"New Analysis by The Senior Citizens League Shows 1990s Changes to Social Security Calculations Hurt Today's Seniors".Pay off an existing mortgage. When you make additional principal payments on an outstanding mortgage balance, the lower balance will save you interest expense. If you have an amortized fixed-rate mortgage, the monthly amount of the payment doesn't change. With the additional principal payments the loan balance declines and more of your monthly payment goes toward the repayment of principal. You will repay the loan faster than the stated loan term on your contract. You can find mortgage calculators online, to help you determine how extra principal payments reduce your mortgage interest expense and the remaining loan term. When considering pre-paying your mortgage, consider the rates of return. If you were to save the extra cash in a savings account or CD, your rate of return currently is quite low and prepaying your mortgage may give you a better return based on the interest rate of your loan. Financial advisors, however, generally recommend that you pay off your mortgage out of income, and not cash from your retirement accounts. Your retirement accounts provide you with a savings cushion, that most seniors will need later in retirement, and they are protected from creditors..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. … Continued

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