News

So, we wanted to close this week's update with some good news, as reported by Bloomberg News..In addition, Wall Street analysts were skeptical that the orders would have much effect on drug makers and said they could prove difficult to implement in practice..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[c][4] citizens' action organization..Many other Democrats on Capitol Hill including President Obama seemed to share his concerns. However, since the budget blueprint is a resolution and not a bill, it will not require the signature of the President, and each of the proposals that appear in it including the repeal of the ACA and the cuts to Medicare and Medicaid will require the passage of separate legislation..Age doesn't matter for contributions to Roth IRAs. Regardless of your age, if you have earned wages you can contribute to a Roth IRA. While the contributions to a Roth will not lower your income for tax purposes, the money you put in will grow tax deferred without any required minimum distributions. And distributions from a Roth won't subject your Social Security benefits to taxation..Search for health and drug coverage based on the drugs you actually take: Plans vary tremendously on the price of prescription drugs, and you can spend hundreds of dollars more per year than you need to. Do your search for health or stand-alone drug plans by inputting all the drugs you take to get your best choice of plans for you at the lowest cost. Make a list of each drug that you take, dosage, and the amount you take in a month or 90 days if by mail order. Spelling and dosage details are important to get most accurate results. The Medicare plan finder will pull up a list of plans showing the lowest costing plan first. It's important to check the reasons why the plan costs less, including whether the plan covers ALL your prescription drugs. When checking plan cost details, check the difference in prescription prices between standard retail pharmacies and mail order.."Protecting the integrity of the Social Security program for current and future retirees is critical to our members and supporters," Hyland said. "As such, TSCL salutes you for introducing an amendment to S. 744 that would prohibit unauthorized workers from receiving Social Security benefits based on work completed illegally, with stolen or fraudulent Social Security numbers… we believe your amendment would improve the program's long-term solvency and prevent an unspecified and unnecessary strain on the Trust Fund.".Here's how it works: Because you are under your full retirement age in 2021, you are subject to Social Security's earnings restriction rules. The Social Security Administration will deduct from your benefits for every you earn above the annual exempted amount, which is ,960 in 2021..However, he has apparently given up his demand.