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Take minimum required distributions on time. Once you turn age 70 ½, everyone with a traditional IRA must begin taking required minimum distributions. Failure to do so results in a tax penalty equal to 50% of the required distribution amount..No. Citizenship is not a requirement to become eligible for either Social Security or Medicare. All that's required is legal work authorization, and a valid Social Security number, which undocumented immigrants would receive under the new executive action. After working for a long enough period, usually about ten years, individuals become eligible for Social Security retirement benefits when they meet age requirements. If they are eligible for Social Security, individuals automatically become eligible for Medicare at age 65, or after a two-year wait if disabled..Sen. Lindsey Graham said, "I do believe we should be helping people on Social Security because the price of food has gone up and I don't see any end in sight," he said. "A payment to Social Security recipients who are on fixed income of ,000 and below might make sense.".Then, when I try to figure out why nothing got done today I'm really baffled because I know I was busy all day, and I'm really tired..In one of our recent updates we said we hadn't heard anything new about the 0 drug discount card for seniors that President Trump had announced in September. The program ran into obstacles because of a number of issues, including how it was to be paid for and the fact that it could violate federal election laws as an attempt to buy votes using taxpayer money..Illegal immigrants get jobs using counterfeit, invalid, and stolen Social Security numbers that employers use to withhold payroll taxes and report earnings to the Social Security Administration. Immigration advocates argue that unauthorized workers have little chance of collecting benefits. But once illegal workers gain a valid Social Security that changes. Social Security Administration policy allows noncitizens who have evidence of earnings, even for jobs worked under invalid Social Security numbers, to claim and reinstate those earnings for use in determining entitlement once they obtain their own Social Security number. The earnings are then used to determine the initial retirement benefit amount..While some view Social Security's retirement program as relatively easy to reform, Social Security's disability program is a very complex operation which has been notoriously difficult to change. Past efforts to reform the disability program have led to vast administrative difficulties as well as public outcries. On the other hand, the retirement program's reform efforts have faced fewer administrative difficulties. Part of the problem is determining what constitutes a disability. For that reason, and others, reform of the retirement program is discussed on Capitol Hill more often, while reform of the disability program seems to fly under the radar..The COLA as currently calculated is failing to protect the buying power of the beneficiaries for whom it is intended. TSCL supports legislation, the 3% COLA Act, that would ensure a more fair and adequate COLA two ways. It would base the annual boost on an index that more accurately reflects of the costs of older Americans - the Consumer Price Index for the Elderly. In addition, the legislation would require an annual minimum COLA of no less than 3%..You can learn how the earnings test works and exempt amounts by year at:. You can check your earnings record online by setting up a "my Social Security" account. To contact Social Security by phone, call, or visit your local Social Security office.