Petition to Congress: A Fair Cost of Living Adjustment for Social Security Benefits.Please be aware that if the federal government shuts down on Tuesday, October 1st, your daily life should NOT be affected. Medicare will continue to operate, and your Social Security benefits will go out on time regardless of whether or not the federal government is running..Two Bills Gain Cosponsors.The high cost of health care is one of the biggest threats to Medicare and older Americans' health in general. I stand ready to take action on drug price negotiation and Medicare-X and to debate whatever ideas Democrats, Republicans, and independents have to bring down the cost of health care today and protect Medicare's viability for generations to come..What do you think? If you have not already done so, please take our 2019 Senior Survey at..Meanwhile, Republicans argued that Medicare should not be expanded when its hospital fund is already slated to be insolvent in 2026..I get my Medicare health plan under my wife's company insurance. My wife is not on Medicare yet, she also gets her health insurance through her former employer. We are both retired and live on a fixed income. When does she need to enroll in Medicare?.According to Johnson's calculations, the Social Security beneficiaries who are most likely will not to see an increase in their net monthly check are those with benefits below ,264 per month. These individuals will once again be subject to hold harmless in 201Their COLA will be completely offset by the Part B premiums, but their Social Security benefits will not be reduced. "The net result will be no growth in the benefit for the third year in a row," Johnson says. "And that leaves nothing to meet other rising costs, such as Medigap premiums, Part D premiums, out-of-pocket costs, or anything else," Johnson notes..President Trump is insisting on another payroll tax cut for any economic stimulus package. But the proposal is unlikely to provide financial help for unemployed workers who need the money, and would worsen existing financing problems for Social Security, Medicare, and program beneficiaries, warns The Senior Citizens League. "Today's retirees - more than 61.2 million people - depend on Social Security and Medicare payroll tax revenues for their Social Security and Medicare benefits," says Mary Johnson, a Social Security and Medicare policy analyst. "Their number one concern is that down the line, benefits will be permanently cut to pay for these 'temporary' tax cuts," she says.

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While TSCL strongly agrees that the time has come for Congress to take action on Social Security and Medicare, we question whether rescue committees would work as desired. Over the past 25 years there have been numerous committees and commissions that developed contentious plans to change Social Security and Medicare. None have been successful in getting their plans adopted as major legislation..The provision would ban earnings from jobs worked without legal authorization from being used to determine entitlement to Social Security benefits and for calculating the amount of initial benefits, legislation that TSCL and TSCL's grass roots members have long supported. TSCL's Legislative Assistant, Jessie Gibbons delivered a letter from Chairman, Larry Hyland, expressing TSCL's support for the amendment to Senators Hatch and Rubio..Employment assistance … Continued

Medicaid Expansion Spending

According to Michael Astrue, the Commissioner of Social Security, the report "contains troubling, but not unexpected, projections about Social Security's finances." Income including interest to the combined OASDI Trust Funds totaled 5 billion in 2011, while total expenditures amounted to 6 billion. Non-interest income fell below program costs, however, and should continue to do so through the remainder of the 75-year period. The Trustees estimated that 158 million people paid Social Security payroll taxes in 2011, while approximately 55 million collected Social Security benefits..benefits, your initial benefit amount will be 25% higher at your full.While you should check with a professional financial advisor, you and your husband still have the right to claim spousal benefits only, when you turn 6Under the new law changes, while you couldn't apply for spousal benefits, based on a suspended application, your husband can apply for spousal benefits based on your full retirement age benefit, using a restricted application while his own benefit continues to grow. He would receive half of your benefit, or about 5 per month, until he claims his own retirement benefit. Together the two of you would receive ,215 per month, which is better than the ,150 you alone were hoping to get as a spousal benefit. Then, when he turns 70, he can claim his full benefit of about ,100 per month. … Continued

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