Eliminating the "cash cliff" that hits when a disabled beneficiary earns more than ,090 in any given month and is immediately cut off from benefits. The cash cliff serves as a workforce disincentive and could be addressed by simply adopting the method used in the retirement program, where monthly benefits are reduced by for every in earnings over ,310, thus providing an improved earning opportunity..Millions of older Americans are afflicted with age-related hearing loss, low vision, and poor oral health. Yet, under current law, Medicare is prohibited from covering most hearing, vision, and dental services. The Senior Citizens League has heard from countless retirees living on fixed incomes who cannot afford to pay out-of-pocket for costly care and assistive technologies like eyeglasses or hearing aids..[1] Combined Old-Age, Survivors, and Disability Insurance Trust Funds February 2014 Baseline, Congressional Budget Office..If you're preparing for a long sea journey and about to set sail in stormy waters would you knowingly board a ship without adequate lifeboats or an emergency plan? Dumb question, I agree, but this is what the nation's retirees and Baby Boomers are getting ready to do,. The upcoming election will be one of the most important votes we ever make to determine the future of our Security and Medicare benefits. But voters are headed to the polls with frustratingly few details about candidates' plans..As our nation begins to deal with the problems of the long-term financing of Social Security, we face some very difficult decisions. To what extent should individuals be required to save for their own retirement and to what extent should the government provide for those who cannot or have not been able to save? Proposals for reform have yet to provide answers..Lowering drug prices is a singular area where bipartisan legislation could make it into law this year. On Monday, Senator Jeanne Shaheen in introduced legislation that would cut the cost of insulin by 75% compared with the level expected in 2020. The proposal would create a new pricing model that limits the use of rebates for Medicare Part D and the private insurance market, Sens. Tom Carper, Susan Collins and Kevin Cramer have already signed on as co-sponsors to the legislation..Although Social Security recipients didn't receive an annual cost of living adjustment this year, many are reporting that their costs are rising, and household budgets are getting squeezed, says The Senior Citizens League. Donna C. of New York, recently wrote to TSCL saying, "No inflation? Are you serious? What about the price of electricity, food, drugs, local taxes? All, going up. We can barely survive now, and you say there's no inflation? Who figures this stuff out and who decides?" she asks..TSCL believes that more focus needs to be placed on benefit adequacy as people spend more years in retirement. TSCL supports measures to strengthen Social Security that would increase the taxable maximum, ensuring that high wage earners pay their fair share. In addition, TSCL believes more can be done to protect Medicare from fraud and wasteful duplication of tests and services..Develop a second career or sideline income - Turn your passion
