Two Key Bills Gain Support.Costs not covered by Medicare such as dental, vision and audio care..Key Bill Gains Critical Support.In touting the Executive Actions, President Obama said that the actions would require undocumented immigrants eligible for relief to start paying "their fair share of taxes" in exchange for permission to work in the U.S. But TSCL believes that the Administration is overestimating what the government would receive in new tax revenues, because many illegal immigrants already pay into the system..Currently, COLAs don't keep up with typical retiree costs. Consequently, Social Security benefits have lost 22% of their buying power since 2000..I was diagnosed with cancer in 2019 which required surgery and considerable follow-up treatment. I also required extensive dental work during the year. My medical and dental expenses alone totaled more than ,000, and that does not include my husband's premiums and out-of-pocket costs, which were close to ,000. Will we be able to deduct these expenses on our income taxes? We were unable to deduct our routine medical costs last year..Unfortunately, the two other changes that took effect last month will not affect seniors as positively. Young retirees will be hit with an increase in the threshold for the itemized deductions of medical expenses. Those under the age of sixty-five will not be able to deduct unreimbursed medical expenses unless they account for at least 10 percent of adjusted gross income. Those over the age of sixty-five may continue using the 7.5 percent threshold until 2017; however, all seniors should beware that this tax provision may be modified or even eliminated as lawmakers continue to search for ways to reduce the deficit..Petition to Congress in Support of Social Security Fairness."We are mobilizing our grassroots efforts to fight COLA cuts and contact Members of Congress," Hyland says. To learn more, or to take a poll, visit. For more ideas about saving on Medicare costs and stretching retirement income, request a free issue of TSCL's "The Best Ways To Save" newsletter. Send for postage and handling to: The Senior Citizens League, ATTN: BWTS, 1001 N. Fairfax St., #101, Alexandria, VA 22314.

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Each Agency on Aging provides a different list of services, but there are some basic services that are provided by nearly all. These include the following:.In fact, unlike the additional Medicare tax on high earners, this 3.8% net investment tax was not even a specific provision of the Affordable Care Act. It was a provision of a separate bill, the Health Care Education and Reconciliation Act of 2010 which was passed about two days after the Affordable Care Act. By setting up the revenues so that they would flow to the General Fund, Congress by-passed earmarking those revenues for Medicare Part A or Part B Trust Fund. That means when the funds are used for other government spending, the Medicare Trust Funds are not earning any interest from the federal government for the use of those funds..On Tuesday, with a vote of 244-154, lawmakers in the Housed approved legislation to repeal the Affordable Care Act's controversial Medicare cost-cutting board. … Continued

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Bipartisan legislation before the House and Senate would repeal the Windfall Elimination Provision and the Government Pension Offset benefit reductions so that millions of retired teachers and police officers receive the Social Security benefits they have earned and deserve. Will you cosponsor the Social Security Fairness Act when you return to Washington?.The letter was written in response to recent comments from Office of Management and Budget Director Mick Mulvaney, who told reporters last week that he has been "actively discussing potential executive or administrative solutions" to the prescription drug issue with President Trump. The group of Senators said, "We write to express our support for such efforts that could provide immediate relief to Americans.".The President's order halts the collection of Payroll taxes from Sept. 1 through the end of the year. In addition, he instructed the Treasury Department to look into how the government can forgive the deferred tax payment permanently because as things stand right now the taxes must be repaid after the first of the year. … Continued

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