To learn more about the programs contact your local Medicaid office or call and ask about programs, that help pay for your Medicare premiums..Here's how it works: Because you are under your full retirement age in 2021, you are subject to Social Security's earnings restriction rules. The Social Security Administration will deduct from your benefits for every you earn above the annual exempted amount, which is ,960 in 2021..Masks and face coverings remain an important tool to stop spread of the coronavirus, the director of the Centers for Disease Control and Prevention told Congress this week, adding that he's worried that some Americans appear to be ignoring the advice..SSA Announces 2018 COLA.For more information about scams in your area see the Better Business Bureau's Scam List..An individual's earnings are the basis for how the Social Security Administration calculates the initial retirement benefit. The benefit formula uses the 35 years of highest earnings to determine the average monthly wage. Low earnings and years of no earnings in one's earnings record, decreases the average monthly wage used to determine the monthly benefit. Initial benefits are pulled down with it. To boost benefits, some women today are working much longer than they anticipated to fill those gaps in their earnings records..I go to get the car keys from the porch and then notice mail on the porch table..Increasing the payroll tax rate. Survey results have also shown strong support for a gradual increase in the payroll tax rate from 6.2% to 7.4%. An increase of that size would amount to an extra 50 cents per week for the average worker an amount that most feel is fair and practical..For many years TSCL has led the fight to provide additional compensation to those affected.

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Where no average prices are available, U.S. Bureau of Labor Statistics CPI-U numeric data are used..Preventing the "double-dipping" of disability and unemployment benefits, since eligibility for the two programs should be mutually exclusive the DI program is for individuals who are unable to work, and the unemployment program is for individuals who can..How the Pandemic is Affecting Retirement Savings as of December 31, 2020 … Continued

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There's an overwhelming flood of retirement information targeted to higher -earning upper income Americans, but just about everyone else with more modest incomes are without the guidance to help make the best retirement decision..According to Bloomberg News, "The bipartisan agreement is between the top Democrats and Republicans on the House Energy and Commerce, Ways and Means, and Education and Labor committees, as well as the leaders of the Senate Health, Education, Labor and Pensions Committee..At a prescription drug forum in Central Virginia in November 2019, I heard from seniors who share these feelings. They're tired of seeing their drug costs rising. They're tired of having no way to understand why these prices continue to spike, and they're tired of lawmakers who refuse to act on an issue that impacts millions of seniors and families across our country each day. … Continued

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