For years, TSCL has been advocating on Capitol Hill for a more fair and accurate Social Security COLA for beneficiaries. The Consumer Price Index for Elderly Consumers Act legislation introduced by Rep. Michael Honda is a common-sense solution that would better protect the purchasing power of Social Security benefits since it would use a more accurate measure of inflation..can backfire, leaving you with bigger health problems and bills down the road..Providing relief for more than 11 million middle-class beneficiaries who pay income taxes on their Social Security benefits each year..The following chart illustrates how survey participants responded a year ago..Tuesday Senators Grassley and Wyden announced legislation, The Prescription Drug Pricing and Reduction Act of 201The bill if adopted would save taxpayers more than 0 Billion, lower Medicare Beneficiaries out-of-pocket costs by Billion and premiums by Billion, according to the Congressional Budget Office. A hearing on Thursday of a key panel of legislators advanced the legislation out of the Senate Finance Committee despite close-call votes on controversial provisions, priming the legislation to be considered by the full Senate in the fall..This week, the Congressional Budget Office released its analysis of the Senate's new Better Care Reconciliation Act, and leaders in the Senate postponed a vote on it until after the week-long holiday recess..Will you pay taxes on your Social Security benefits this year? Take TSCL's annual Senior Survey, visit..Retirement accounts allow your savings to grow tax-deferred, but the rules change when you turn age 70 ½. At 70 ½, traditional IRAs require the owner to take required minimum withdrawals and you can't contribute any more savings. But you can still continue to put money into other types of retirement accounts, including Roth IRAs and some types of 401s, as long as you have earnings from jobs..New research links "silent strokes," or small spots of dead brain cells, found in about one out of four older adults, to memory loss in the elderly. The study is published in the January 3, 2012, print issue of Neurology®, the medical journal of the American Academy of Neurology.

Health Reform State Indicator Total Monthly Medicaid And Chip Enrollment

Gradually, over 20 years, raise the Social Security payroll tax rate that workers and employers each pay from 6.2% of earnings to 7.2%. A worker earning ,000 a year would pay about 50 cents a week more each year, matched by the employer..Seniors deserve a Washington that works for them, and every American should be able to retire and live with dignity. I'm committed to doing everything I can in the Senate to ensure that happens.."To lower the expected cost of these new benefits, House Democrats have proposed introducing the new dental benefits starting in 2028, ramping up the coverage over five years." … Continued

United Hospital Services

On Tuesday, the Senate Special Aging Committee held a hearing titled "Changing the Trajectory of Alzheimer's: Reducing Risk, Detecting Early Symptoms, and Improving Data." Those on the Aging Committee heard from experts as well as individuals who have personal experience with the disease, including award-winning actor Marcia Gay Harden..Dependentparent benefit based on account of person who has reached age 62.."My husband passed away September 5, 200What will happen to his lump-sum if they ever decide to pass Notch Reform? What would happen to my lump-sum if I should die now? Would my daughter get it? It seems they are waiting for us all to die." … Continued

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