However, the Biden administration has not received the idea enthusiastically. Jen Psaki, who is the White House Press Secretary, was asked about the proposal to fire the postal service board and she said it was an "interesting question," and that "we all love the mailman and mailwoman," but did not have any further comment..TSCL is supportive of the President's efforts, but we are taking a wait-and-see approach because, as so many things are in Washington, D.C., the devil is in the details..No. Citizenship is not a requirement to become eligible for either Social Security or Medicare. All that's required is legal work authorization, and a valid Social Security number, which undocumented immigrants would receive under the new executive action. After working for a long enough period, usually about ten years, individuals become eligible for Social Security retirement benefits when they meet age requirements. If they are eligible for Social Security, individuals automatically become eligible for Medicare at age 65, or after a two-year wait if disabled..The findings represent a significant one-year loss of 4 percentage points in buying power, with the loss increasing from 30% to 34% from January 2017 to January 201The loss occurred even though beneficiaries received a 2% annual cost-of-living adjustment for 201Housing and medical costs - particularly for home heating expenses and Medigap premiums - were among the most rapidly-rising costs over the past year. The study examines the growth, since 2000, in the price of goods and services that are typical for retired and disabled households, and compares that to the growth in Social Security benefits due to annual COLAs..Keep up with the latest. Follow TSCL on Twitter and Facebook..High Dose and Adjuvanted Flu Vaccine Side Effects."But the evidence on whether Biogen's treatment, called aducanumab, is effective is, at best, mixed; the FDA approved it this week over the objections of its own advisory committee. And with a preliminary announced price of nearly ,000 annually per patient, covering the treatment could cost upward of 0 billion a year, mostly to Medicare, which would almost double the program's drug spending. Patients themselves could be on the hook for thousands of dollars in out-of-pocket costs.".In addition, one new cosponsor Senator Kamala Harris signed on to the Social Security Expansion Act from Senator Bernie Sanders. The cosponsor total is now at three in the Senate. If adopted, the bill would strengthen and expand the Social Security program by basing COLAs on the CPI-E, increasing monthly checks by per month, and improving the Special Minimum Benefit. It would cover the cost of these changes and strengthen the solvency of the trust fund by applying the payroll tax to income over 0,000 and applying a 6.2 percent tax on investment income for wealthy individuals..Each Agency on Aging provides a different list of services, but there are some basic services that are provided by nearly all. These include the following:

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In addition to expenses such as out-of-pocket drug costs, and co-pays for visits to the doctor, here are a few of the most common overlooked medical deductions:.This year, Social Security beneficiaries received no cost-of-living adjustment despite a national survey indicating a majority reported higher costs. Do you support legislation that would give seniors an emergency COLA before the end of this year?.For the study, a group of 658 people ages 65 and older and free of dementia were given MRI brain scans. Participants also underwent tests that measured their memory, language, speed at processing information and visual perception. A total of 174 of the participants had silent strokes. … Continued

A Status Report On Prescription Drug Policies And Proposals At The Start Of The Biden Administration

Seniors have lost more than 20% of their purchasing power since 2000. What is your position on the adoption of the "chained" CPI for the calculation of COLAs, which studies show would put the purchasing power of Social Security benefits even further behind?.TSCL's all-volunteer Board of Trustees and legislative team including former Congressman David Funderburk and Mrs. Betty Funderburk look forward to working with both new and veteran lawmakers in the 113th Congress. For more information about our legislative agenda, click HERE..Tax Planning? Medical Expense Deduction Becomes Less Generous in 2019 … Continued

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