Early last year, prior to even knowing the impact of the pandemic, the Social Security Trustees forecast that the financing of the Social Security Trust Funds would turn negative this year. The Social Security Trustees forecast that the Social Security retirement and survivors trust fund would receive a total of 5.6 billion in 2021 but estimated that program costs would be more than ,019.2 billion..Why is the action so controversial?.2020 Senior Survey.We are interested in hearing from our readers to learn what you think about the new Medicaid expansion. Are you benefiting from the new rules? Should there be tighter asset restrictions? Send us an email at [email protected] you didn't sign up with Medicare for Part A and/or Part B when you first turned 65, because you were covered by your own or your wife's company's plan, you may need to sign up during the 8-month period that began after your wife's employment ended in order to avoid a late enrollment penalty..Opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of TSCL..Negotiations Continue among Conferees.TSCL Supports New Legislation.and that doctors who accept new Medicare patients are becoming hard to find.

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"Obamacare Victims Are 'Liars' Says Top Democrat," Edward Morrissey, The Fiscal Times, February 27, 201Letter to The President, from House leadership, concerning Medicare Advantage cuts, February 13, 201Letter to Marilyn Tavenner, Administrator, Centers for Medicare and Medicaid Services, from 40 Senators, concerning Medicare Advantage cuts, February 14, 2014..Your earnings from work will reduce your benefits if you are under your full retirement age and the earnings are more than the annual limit. The age at which people become eligible for full retirement benefits has been gradually rising. The full retirement age for people born from 1943 through 1954 is 66..Members of Congress may lose an election but unlike other Americans, they never lose their retirement and health benefits. A Member of the House or Senate who retires at age 60 after just 12 years in office will receive a Congressional pension of ,000 a year and lifetime benefits that could total more than 0,000.Notch Bulletin: How Long Have Notch Babies Been Underpaid? I was born during the Notch period. I would like to know how long Notch Babies have been underpaid. In addition could you tell me if the underpayment has been corrected and if we are receiving the right amount now? - M.R. Fort Cobb, OK … Continued

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That estimate appears to be one prepared by the Social Security's Chief Actuary who projected in 2003 that a totalization agreement with Mexico would have a negligible long-range cost to Social Security. The Social Security Administration estimated that costs to the U.S. Social Security system would average about 0 million per year over the first five years. In 2003 the Government Accountability Office evaluated that cost estimate and sharply criticized it, saying that "the cost of such an agreement is highly uncertain." The GAO reported that SSA's estimate failed to account for the large number of Mexicans who are or have worked in this country without legal authorization..However, he has apparently given up his demand..Prices for and Spending on Specialty Drugs in Medicare Part D and Medicaid, Congressional Budget Office, March 2019. … Continued

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