This week, TSCL announced its support for the Seniors and Veterans Emergency Benefits Act, which was introduced by Congressman Alan Grayson as a companion bill to Senator Elizabeth Warren's S. 2251..Making matters worse, many who are impacted by the WEP and GPO are unaware of their existence until they file for benefits and retire. Chairman Johnson said on Tuesday, "The Social Security statement that is required by law shows them … the amount of Social Security benefits they would receive if the WEP and GPO didn't exist. These workers, just like every other American, have a right to know what their Social Security benefits will be so they can best prepare for their retirements.".At age 62, Susan Gross of Barboursville, Virginia, is nearing retirement age, but has no plans to stop working yet. High prescription costs and the need to provide care for a disabled adult son and her 90 - year old mother are other major reasons. With her rheumatoid arthritis medication, Humira, costing ,900 a month, both Susan and her husband continue to work full time. Susan is dependent on the health insurance coverage available through her husband's employer to help her afford her medications..His renewed call for the cut comes only a few weeks after the annual reports regarding the financial stability of the Social Security and Medicare programs were issued by their respective boards of trustees. As we reported at the time, both programs are facing insolvency, albeit at different times..According to an article last week in StatNews, a newsletter that covers health and medical issues, the answer seems to be "whichever one is available to you first.".the premium may become unaffordable..It's always heartbreaking to hear firsthand about how fraudsters and scammers have gone after your hard-earned savings. No senior should ever have to worry that picking up the phone could mean being scammed out of thousands of dollars..Reduces the costs of your drugs..Progressives see expanding the popular entitlement as essential to fulfilling their campaign pledges and keeping Democratic control of the House and Senate. But the reforms threaten the bottom line of insurers who administer private Medicare plans and sell supplemental coverage for dental, vision and hearing services. Groups like the American Dental Association, worried their members will be paid less in traditional Medicare than in private Medicare plans, are also pushing to limit the new benefits to the poorest Americans.

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Get the provider's name and any identifying number. If the agent asks "Who am I speaking with?" answer with your own question. First ask the caller for the name of their company and the phone number, "in case you get cut off." You can give a first name but avoid giving out any actual personal information like your Social Security or Medicare number, full name, date of birth and address..On Wednesday, the Social Security and Medicare Trustees released their annual reports on the financial outlook of both programs. As expected, they found that Social Security and Medicare are experiencing long-term financing shortfalls. Social Security's combined trust funds are expected to be depleted in 2034, which remains unchanged from last year's report. Medicare's Hospital Insurance trust fund is expected to be depleted in 2028 two years earlier than the trustees projected last year..According to a recent nation-wide survey conducted by The Senior Citizens League, almost one-third of older taxpayers, 30 percent, say they itemize deductions for healthcare costs, and about 56 percent say that a portion of their Social Security benefits are taxable. "Taxpayers who may be postponing needed medical or dental services, getting glasses, or filling expensive prescriptions may want to consider doing so before the end of the year, in order to maximum the medical expense deduction in 2018," Johnson says. … Continued

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While appliances and used vehicles are generally only purchased occasionally, 2020 was not a good time to be shopping for a new washing machine or used car. Appliances increased by an astonishing 17.2 percent and used vehicles rose by 10.9 percent. Johnson points out that, this time a year ago, the price increases of used vehicle prices were negative, at minus 12 percent. However, manufacturers of appliances as well as new cars and trucks shut down production lines at the start of the pandemic. While plants have slowly re-opened, supply chain disruptions and social distancing requirements have slowed production recovery. That's led to long waiting lists for appliances, and the demand for used vehicles shot up..TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. TSCL was first established as a special project of The Retired Enlisted Association. On January 1, 1995, TSCL became an independent 501 citizens' action organization..Many in Congress talk about the need to "strengthen Social Security," but few offer proposals that would both improve program financing and at the same time improve retirement income. We encourage you to attend town halls this summer and to tell your Members of Congress that Social Security's solvency doesn't require benefit cuts. What Social Security needs is greater tax fairness and requiring all to pay their fair share. … Continued

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