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..To learn more about how work affects your benefits, call the Social Security Administration toll free at and ask for How Work Affects Your Benefits.I decide I better put them back on my computer desk, but first I'm going to water the flowers..In the months ahead, The Senior Citizens League will continue to advocate for these and other policy solutions that would boost and strengthen Social Security benefits for current and future beneficiaries. For progress updates, follow The Senior Citizens League on Twitter..This week, two congressional committees held hearings on issues affecting older Americans, and The Senior Citizens League saw support grow for four key bills in the House and Senate..But in 2017, if your AGI remains ,000, you could deduct only allowable medical expenses over 10% of your AGI, or ,000. If you again had medical expenses of ,000, you would only be able to deduct ,000. In this example you you would pay taxes on an additional ,250..There is a warm can of soda sitting on the window ledge..There are other reasons why your dad might have received that bill. While Medicare Advantage enrollees would not have to pay cost sharing due to COVID-19, they might if hospitalized due to other reasons, such as heart attack or kidney failure. You may need to call your dad's health plan and find out how the reason for hospitalization is described on the bill..Prior to 1984 Social Security benefits weren't taxed, and when the tax on benefits was first enacted in 1983, Congress sold it to the public saying it affected "high income" beneficiaries. At that time, only 10% of Social Security beneficiaries paid the tax. But during the 2015 tax season, an estimated 56% of Social Security beneficiary households will owe federal income taxes on part of their benefit income according to the Social Security Administration.

State Legislatures Magazine Table Of Contents State Legislatures Magazine November December 2018

The Senior Citizens League would like to remind you that Election Day is Tuesday, November 6th. Contact your local government if you require voting assistance. In most states, those who have trouble casting a ballot due to physical barriers are entitled to request assistance..Also, we should be wearing masks outdoors as well as indoors at this time. While being indoors with others is far riskier, being outdoors is not risk free if you are with others you don't live with..Finally, the Social Security 2100 Act gained six new cosponsors this week, bringing the cosponsor total up to 170. The new cosponsors are Representative David Price, Representative Adam Schiff, Representative Rick Larsen, Representative Carolyn Maloney, Representative Darren Soto, and Representative Anthony Brown. If enacted, H.R. 1902 would strengthen and expand the Social Security program responsibly, without cutting benefits. … Continued

Blog Scotus Rules Plaintiffs May Bring Lawsuits Asking For Only 1

Incredibly, according to a legal opinion obtained by TSCL in 2009, Totalization with Mexico may give Mexican immigrants greater rights to U.S. Social Security benefits than U.S. senior citizens currently enjoy. The proposed U.S./Mexico Totalization Agreement would be based on a contractual promise made by the United States government for the benefit of individual Mexican workers who qualify for U.S. Social Security benefits under the terms of that agreement..The Supreme Court has agreed to hear another Obamacare challenge in February or March. The outcome could have enormous financial impact on millions of people who purchased their health insurance through, the online federal health insurance exchange..Right now, there are immediate steps we can take to help build a sustainable path toward cheaper drugs for all Americans - and I'd like to highlight two recent bills that could increase transparency and competition as a part of this strategy. … Continued

Contact Atavista Farm Today!