What can you do when you have trouble affording your vet?.The bills aren't paid..To find out how much your benefits would be reduced, use the Social Security Administration's Retirement Test Calculator at..Example: In 2018 you are allowed to earn ,040 per year or ,420 per month without Social Security withholding any of your benefits. Let's say you earn more, ,900 per month. That would mean you would earn 0 more than the limit. Social Security would reduce your benefit by 0 per month, leaving you with just 0 per month. In addition, your earnings would also subject a portion of your Social Security benefits to taxation..Higher taxes and reductions to benefits are expected to top the discussions of the next Congress. If we intend to protect our Social Security and Medicare benefits, it's going to be up to us to play a major role in crafting the solution. We're out of time for partisan stand offs. This is not an "us versus them" situation. This is a "we" as in "we are all in the same boat." Please join TSCL in helping to be part of the solution. To learn how you can take part click the links to: sign a petition, make a donation, or become a member of TSCL..Nonetheless, TSCL will keep a close eye on the bill's movement in the coming weeks, since it could have a significant impact on the Social Security and Medicare programs. For updates, visit the Legislative News section of our website..According to TSCL's 2021 study of typical retiree costs, the average Medicare recipient can expect to spend more than ,000 per month on healthcare costs this year. Considering that the average retiree benefit is just ,550 per month, that doesn't leave much wiggle room for everything else in a year of spiraling inflation. Paying for food gasoline, or home and auto insurance is more challenging this year than it has been in 13 years..He had demanded a payroll tax cut previously this year. Thankfully, Congress did not go along with him when it passed the previous legislation meant to deal with the coronavirus pandemic and the ailing economy that resulted..Hang up the phone or shut the door if you encounter any of the following:

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Rehab the kitchen. Mid to lower range kitchen remodels can have the highest return when you sell your home, but avoid going overboard. Most buyers don't like to pay extra for that professional 8-burner gas range or a fancy fridge. Replace missing drawers or those that no longer function. If your cabinets are outdated and beat up, a less expensive option to replacing them is resurfacing, which involves attaching a thin veneer to the surface, and replacing doors and hardware. Repair leaky facets, and replace stained or worn out sinks and fixtures. Consult with your real estate agent on counter tops - laminate instead of granite may be just fine..This week, the Senate Finance Committee voted to advance the nomination of Sylvia Mathews Burwell as the next Secretary of the Department of Health and Human Services. In addition, one subcommittee held a hearing on strengthening the Social Security program, and The Senior Citizens League saw one key bill gain support..Following the reception, the Board of Trustees and TSCL's legislative team spent the afternoon meeting with six Members of Congress and their top aides. Support was expressed for a number of key bills, including the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, and the Social Security Fairness Act, among others. … Continued

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may tend to lower your tax bill later, by reducing the required minimum distribution amount that you must take in order to avoid tax penalties after age 70 ½. Large required minimum distributions could also trigger taxes on up to 85% of your Social Security benefits in addition to a surcharge on your Medicare Part B and Part D premiums..Representatives Donna E. Shalala, Phil Roe, M.D., Ann McLane Kuster, and Larry Bucshon M.D. have introduced legislation to eliminate out-of-pocket costs for vaccines to everyone under Medicare. Currently, Medicare vaccine coverage is split between Medicare Part B and Medicare Part D. Seniors can access vaccines covered under Part B - such as flu, pneumonia and Hepatitis - with no out-of-pocket costs. However, under Part D, vaccines such as shingles and pertussis often include a cost to beneficiaries..The House of Representatives has already passed legislation dealing with those problems and more, but there has been a great deal of fighting between the Republican Senators who are the majority in the Senate, and also between the Senate and the President. … Continued

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