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Date Posted: January 2011.Neighborhood, and safety concerns. Does your friend still feel safe living alone? Are there suspicious strangers stopping by asking for jobs like yard work or repaving her driveway? People who live alone are frequent targets of scam and thieves..Social Security and Medicare Part A would have to rely solely on the payroll tax revenues they collect each year to pay out benefits or pay medical providers like physicians..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..For more information about town hall meetings near you during this week's holiday recess, call the local offices of your Members of Congress. For contact information, click HERE..Prior to 1984 Social Security benefits weren't taxed, and when the tax on benefits was first enacted in 1983, Congress sold it to the public saying it affected "high income" beneficiaries. At that time, only 10% of Social Security beneficiaries paid the tax. But during the 2015 tax season, an estimated 56% of Social Security beneficiary households will owe federal income taxes on part of their benefit income according to the Social Security Administration..TSCL offers its supporters an unconditional refund of their most recent donation if they are dissatisfied with our position or performance..ROTH IRAs require that you take distributions by age 70 and a half or pay a.Senate leaders were already having a hard time pushing through their priorities, including drug pricing legislation. In fact, Sen. Roy Blunt, head of the Republican Policy Committee, said some bills -- including drug pricing legislation -- are far from ready to move to the floor, which is what we have been reporting to you for the last few weeks.

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Because it means new legislation to reduce the costs of prescription drugs is not likely to be passed this year and will have to await the start of the next Congress in January of 202In addition, as we've explained in the last couple of updates, the executive announcements the President issued regarding prescription drugs are not clear about what drugs they cover and even if things get clarified it is highly unlikely seniors will see a reduction in drug prices this year. And, of course, the major drug companies are strongly opposed to orders and are fighting to change them..Finally, even though the full retirement age is rising, the eligibility age for Medicare is still 6It's important to apply for Medicare three months prior to turning age 6Failure to enroll in Medicare at age 65 might result in costly premium penalties..In 2012, the GPO reduced by two-thirds the Social Security benefits received by nearly 600,000 surviving spouses who also collect a government pension. Nine out of 10 public employees affected by the GPO lose their entire spousal benefit, even though their spouse paid Social Security taxes for many years. … Continued

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Call Congress.The Social Security Administration also included a fact sheet that confuses things for any recipient who, like me, is currently age 6It shows an example of how benefits would grow from age 66 and 2 months through age 70. The 66 and 2 months is the full retirement age of people born after 1954..House leaders and a bipartisan group of 40 senators recently sent a letters to President Obama, and Medicare's Administrator, Marilyn Tavenner, expressing serious concerns about the impact of Obamacare cuts. "These cuts, in addition to proposed rules issued by CMS, will force millions of American seniors to face higher health care costs or lose access to their doctor, health plan, lifesaving drugs, and the benefits they've come to rely on," House leaders wrote. The Senate letter stated, "We urge you to maintain payment levels that will allow MA beneficiaries to be protected from disruptive changes in 2015." … Continued