When the Senate does return on Sept. 8 the first thing on its agenda will be to continue confirmation hearings on President Trump's nominations of judges to the federal judiciary. But the Senate has yet to pass one funding bill for the federal government for FY 2021 which begins Oct. 1..If you receive a call claiming to be your utility company and feel pressured for immediate payment or personal information, hang up the phone and call the customer service number on your utility bill..In general, distributions from a traditional IRA are taxable in the year you receive them, although there are some exceptions. Thus you would need to figure the full amount of your distribution in figuring your provisional income..In a letter to Congressman Jones, Ed Cates TSCL's Chairman wrote: "The Senior Citizens League lends its enthusiastic support and the support of its membership to the Social Security Guarantee Act … We salute you for introducing legislation that would make the Social Security program more fair and reliable, and we look forward to informing our members and supporters about your efforts.".We strongly recommend that you call your dad's health plan and ask for a detailed statement including dates of stays and services billed. Keep careful notes of your call. If you are still unsatisfied, you can get free one-on-one counseling through your state health insurance assistance programs that may be able to help you determine what costs should have been covered and whether you should appeal the charges. Find a program in your area here..Flu vaccination is especially important for people 65 years and older because they are at high risk of developing serious complications from flu. Flu vaccines are updated each season as needed to keep up with changing viruses. Also, immunity wanes over a year so annual vaccination is needed to ensure the best possible protection against flu. A flu vaccine protects against the flu viruses that research indicates will be most common during the upcoming season. Flu vaccines for 2020-2021 have been updated from last season's vaccine to better match circulating viruses. Immunity from vaccination fully sets in after about two weeks.."As the Covid-19 pandemic has sparked a race among drug makers eager to develop a vaccine and improve the industry's standing in Washington - pharma's giving underscores the breadth of its influence and its efforts to curry favor through lobbying and donations to the lawmakers who regulate health care..According to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund." The Joint Committee on Taxation in 2011 stated that's because "No provision is made for the transfer of the tax imposed by this provision from the General Fund of the United States Treasury to any Trust Fund.".The 1977 benefit formula changes affected workers who turned 62 and became eligible for benefits just two years later, in 1979 and thereafter. To protect people close to retirement from abrupt benefit cuts, and to phase in the benefit reductions, a 5-year transitional formula was provided affecting people born from 1917 through 192That group had their benefits figured two different ways using both the transitional benefit formula, and the new benefit formula. People received the higher of the two benefits.

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During that period COLAs have averaged just 1.4%. In 2010, 2011, and 2016 there was no COLA payable at all and, in 2017, the COLA was just 0.03 percent. "But COLAs have never remained so low, for such an extended period of time, in the history of Social Security," says Johnson, who has studied the COLA for more than 25 years. Over the 20 - year period covering 1990 to 2009, COLAs routinely averaged 3 percent annually, and were even higher before that period..The I.O.U.s in the Social Security Trust Fund are a special type of non-marketable bond issued by the U.S. Treasury when excess revenues are received. The cash revenue that isn't needed to pay benefits is "borrowed" and used for other government spending. By law, the I.O.U.s held by the Trust Fund pay interest, and that forms an additional source of income - on paper, at least..Find out if your drug plan offers mail order: If your drug plan offers mail order you can often significantly cut your costs by using it. Generally, mail order requires a 90- day prescription, but often your cost is the same as what you would pay for a 60-day supply from a retail pharmacy. … Continued

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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..Key Senate Bill Gains Support.If the Social Security Guarantee Act is signed into law, all eligible recipients will receive benefit guarantee certificates from the Secretary of the Treasury that would require the payment of full benefits. Additionally, the bill will adopt a measure of inflation that would make annual COLAs more fair and accurate, allowing older Americans to better keep up with rising costs. … Continued

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