Faqs Faqs Health Insurance Marketplace And The Aca What Income Is Counted In Determining My Eligibility For Premium Tax CreditsWhile your Members of Congress are in their home states and districts, it is the perfect time to approach them at local events and request their support for a fair Social Security cost-of-living adjustment and other key issues..About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, according to an estimate by Social Security's Chief Actuary. Without quick remedial action from Congress, the retirement benefits of people born in 1960 would be lower than the benefits of people with identical earnings and retirement histories who were born just one year prior to them. This is due to a flaw in the Social Security benefit formula..Increasing the payroll tax cap. Currently, the amount of earnings subject to payroll tax is 7,200, and the Social Security payroll tax is not applied to annual income over that amount. In a recent survey of TSCL's members, 73% said they would like to see the 6.2 percent payroll tax applied to all earnings in order to increase the solvency of the program. … Continued
Slideshow How Does The Quality Of The Us Healthcare System Compare To Other Countriesor the amount Medicare pays for the service. Do this before I have to nag you,.Preventing benefit cuts. Older Americans understand the compounding effect that even the smallest benefit cut can have over the course of several years. DI beneficiaries living on fixed incomes simply cannot afford a reduction in benefits..It's important for the public to understand how the bill would increase costs and affect access to health care. The May 4th House vote took place less than 24 hours after the revised bill was posted, and without the nonpartisan Congressional Budget Office's analysis of the new bill. "Meaning that House GOP Members voted without having adequate time to review the bill, knowing the full cost of the legislation or how the new changes in the bill would impact coverage for their own constituents," Johnson points out. "The public has a right to know that information prior to our elected lawmakers enacting legislation." … Continued
