In addition, The Senior Citizens League believes that an extension of the tax holiday could make a permanent cut more likely, further jeopardizing the program's ability to fully pay Social Security benefits in the future..The number of people who rely on Social Security for 90% or more of their income is growing. In 1976 one in four Social Security recipients relied on Social Security for most of their income, today one in three do. "Those who do rely on Social Security for most, or all, of their income are living very close to the poverty level," Cates says. The average Social Security benefit in 2014 was only ,304 for the year. That's just 18% above the U.S. poverty level - ,670 for a household of one..On Tuesday, the Senate Appropriations Subcommittee on Labor, Health and Human Services, and Education approved a 6.8 billion fiscal 2015 spending bill by a voice vote. The bill provides funding to a wide range of health and education programs, and it also covers the administrative expenses of Social Security and Medicare. The Labor-HHS-Education bill is the largest domestic appropriations bill, accounting for nearly one-third of all non-defense discretionary spending..But according to a report in Politco last week, "… the administration's Medicare team has put together a revised plan - which was circulated inside the administration on Tuesday, with instructions to expedite approval - to start sending letters to 39 million beneficiaries within the next week, touting the drug-discount cards. The cards would then arrive across December and January, according to four officials with knowledge of the plan.".2017 TSCL Senior Survey, "5th Annual Consumer Survey on Social Security," Nationwide Retirement Institute, April 201"25% of High Earners Have a Huge Misunderstanding About Social Security," Retire With Money newsletter, Elizabeth O'Brien, Time.com, Money, April 25, 2018..Dental expenses not covered by dental insurance..There's no doubt Democratic lawmakers would like to do these things because they campaigned on them last year and this would be the last chance to pass them this year. Because next year is an election year it is very unlikely any significant progress would be made then..TSCL encourages all readers concerned about the future of their Social Security and Medicare benefits to Contact your Member of Congress. Let's tell Congress not to pay Social Security based on unauthorized work! Work under invalid and fraudulent Social Security numbers should be invalid for entitlement to Social Security benefits. To learn more, track bills that are in congress..The assertion that many lower - income beneficiaries would lose benefits due to higher COLAs simply isn't the case, but is rather another example of twisted partisan rhetoric. Voters would be far better served by lawmakers who are more focused on solving problems of the majority of people than spreading misinformation to protect the tax breaks of the nation's wealthiest workers.

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The OIG did not estimate the amount that the 11,179 collected in benefits in 2014, no doubt because privacy laws prevent the Social Security Administration from sharing that information. TSCL's Social Security policy analyst and Advisor editor Mary Johnson, however, estimates that this group of auxiliary beneficiaries may have received more than 5 million in benefits in 2014, based on current Social Security statistical data. TSCL agrees with the OIG, and believes that with Social Security in deficit, the Social Security Administration must do more to prevent improper payments.."Even under limited immigration reform that provides only work authorization and a valid Social Security number, immigrants would become entitled to Social Security benefits," Cates says. "Citizenship is not a requirement to receive benefits," he adds. But with Congress and President Obama debating cuts to Social Security, seniors are lining up against reform that would allow millions of new immigrants to benefit from work under fraudulent numbers. A recent TSCL survey found that 87 percent of seniors strongly favor prohibiting payment of Social Security benefits that are based on earnings from unauthorized work. TSCL supports immigration reform measures that would prohibit earnings from work prior to gaining legal authorization for use in determining Social Security benefits..While a compromise was not reached, some consider the automatic budget cuts as a silver lining. "The good news, if there is no agreement, the nation is going to end up with what Republicans said, there will be a dollar spending reduction for every dollar increase in the debt ceiling" said Hensarling. White House Press Secretary Jay Carney echoed the same optimism: "It's important to remember, however, that because of the Budget Control Act, the 1.2 trillion dollars that the Super Committee was supposed to achieve in deficit reduction will happen regardless." … Continued

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Your Social Security Retirement Toolkit: A Step-By-Step Guide to Getting the Money, Benefits & Financial Support You Are Entitled To, February 2017..Premium subsidies are actually advance federal tax credits and available only for people buying their own insurance on the insurance exchanges. You qualify if your income is less than ,960 for individuals or ,040 for a family of two. Your "modified adjusted gross income" will be used to determine your income. That includes your household's adjusted gross income plus any tax-exempt Social Security, interest and foreign income you have. When you apply, the government will access your most recent tax return to confirm the income data that you report..Does the Start of Obamacare Affect Me? … Continued

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