However, TSCL is opposed to two provisions that lawmakers included in the package to offset its 0 billion cost. One of those provisions will increase monthly premiums for beneficiaries with higher incomes, and the other will create a new 0 deductible for those enrolled in supplemental Medigap plans. Both of them will require seniors to pay more out-of-pocket for their healthcare..The letter and the fact sheet leave out the most important part of the calculation - the additional lifetime income that one could expect to receive over a 20 30 year retirement, if one delays benefits up to age 70. That can add up to tens of thousands of dollars if you are in reasonably good health. In fact, Social Security's publications tend to imply that people get about the same amount of benefits if they start benefits early because they receive the reduced benefit over a longer period of time. That isn't necessarily the case..Immigrants use fake or stolen Social Security numbers to work in the U.S., and the SSA receives more than 9 million W2s every year in which the name and Social Security number don't match those in the Administration's records. Those W2s are saved to a special Earnings Suspense File until the SSA reconciles them with the rightful owner at a later date, which can occur years later when a claim is filed..New research links "silent strokes," or small spots of dead brain cells, found in about one out of four older adults, to memory loss in the elderly. The study is published in the January 3, 2012, print issue of Neurology®, the medical journal of the American Academy of Neurology..As things are scheduled for now, the Senate will return to the Capitol on Sept. In the meantime, it will be in a "pro-forma session." That happens in the Senate at a time during which no legislative business is conducted. The sessions are held to satisfy a provision of the Constitution that prohibits either chamber from adjourning for more than three days without the permission of the other chamber. When the House or Senate recesses or adjourns for more than three days, both chambers adopt concurrent resolutions providing for the recess or adjournment..In your case, you will receive your full benefit at age 6But if you delay until age 70, you'll boost your full benefit by 8% each full year you delay after your full retirement age until age 70. There are other considerations as well. While you may work and receive benefits at the same time, if you are under full retirement age you are restricted in how much you may earn before your benefits will be reduced. Earn more than the exempt amount, and your benefit will be withheld for every in earnings above the limit. In addition, Social Security benefits may add to your taxable income. A portion of your benefits are taxable when your modified adjusted gross income is over ,000 or ,000..TSCL enthusiastically supports the PRIME Act and the Social Security Fairness Act, and we were pleased to see support grow for both of them this week..TSCL receives hundreds of comments like this from Notch.How Long After Passage Will It Take To Award Notch Benefits? My mother was a Notch baby, born in 1919 and now my disabled brother receives her survivor's benefits. It is only fair that he receives whatever the government did not award my mother and other workers. If The Notch Fairness Act is passed how long will it take to award survivors?.When You Can't Afford Your Prescription Drugs, Apply For "Extra Help"
