Senator David Vitter also reintroduced the Notch Fairness Act in the Senate. The Notch Fairness Act is legislation that would provide Notch Babies born 1917 through 1926, or widows who receive benefits based on their account, a choice of a lump sum of ,000 payable in four annual installments of ,250 or an improved monthly benefit..Sell and buy "senior" housing. If your home is too big, too expensive, and your needs are changing, it may be wise to start shopping for a more efficient newer home. Use the balance of the remaining sales proceeds for investments or an annuity to provide retirement income. When looking at new homes, consider future transportation needs and ease of access to public transportation to stores, businesses, healthcare facilities, and other favorite places. Spend time learning about the new community and do your homework on property values. Have homes in the area recently been reassessed for local taxes, or will you pay taxes based on "pre- crash" real estate values? How far is the new home from your kids and family? If you develop health issues, what type of medical care is available, including home care workers?.Here are three good books to help you get up to speed:.Shop the bulk bins: Stores like Whole Foods have bulk foods like dry beans, oatmeal, rice and spices. You can buy as much or as little as you need, which helps ensure freshness and flavor when cooking for one or two. Frequently the price per pound when buying bulk is much lower than packaged goods, but compare..This is an issue TSCL will continue to monitor as the year progresses to make sure the legislation is implemented as Congress intended..At the celebratory event, the President told his audience, "This got done because of you; because you called, you emailed, you tweeted your representatives and you demanded action. You made it clear that you wanted to see some common sense in Washington.".News on the Coronavirus Vaccine Front.Costofliving adjustments are falling to anemic lows again in 201Seniors and the disabled will learn the 2013 increase on October 16, 2012, but TSCL expects the increase will be about 1.1%. That would raise the average monthly benefit .80 from ,126 to ,141.80 hardly enough to offset big expected spikes in food costs which are rising twice as fast. The rapid increase in home heating fuels and prescription drug costs also outstrips the COLA as well..As the demographics of America shift, health care services must evolve to meet new and increasing demands. The main factor driving projected growth in federal spending on major health care programs is the aging population. The Congressional Budget Office has projected that the number of people age 65 or older will increase by roughly one-third over the next decade, and 80 percent by 2039.

Blog House Passes Concealed Carry Reciprocity Act

An excessively low COLA triggers an important provision of law that ensures an individual's net Social Security benefit will not decrease from one year to the next because of an increase in the Part B premium. That's valuable protection. But when the provision is triggered there's no law which specifies how the unpaid portion of Medicare Part B premium increases will be financed..Alexandria, VA Seniors got a modest 3.6% boost in their Social Security benefit this year. But whether it's making a difference in the bank balances of the more than 39.5 million seniors aged 65 and older who get Medicare is another story. The Senior Citizens League, one of the nation's largest nonpartisan seniors groups, is hoping to learn the answer to this question. TSCL recently launched its annual "Senior Survey" to find out how rising Medicare and other costs are impacting seniors' incomes and.I'm confused about the new health insurance requirements under Obamacare. When does it start and how does it affect seniors? I'm 62 and still working. I don't have insurance. My husband is 65 and started Medicare a few months ago. … Continued

Blog Scotus To Decide Whether Private Party May Exercise Eminent Domain Over State Land

Editor's note: We regret the passing of Representative Elijah E. Cummings, who died October 17, 201He will be remembered for many things, including his stand on cutting high healthcare costs for American families..The Senior Citizens League supports legislation The Social Security 2100 Act, H.R. 1391, introduced by Representative John Larson, that would adjust the income thresholds to ,000 for single filers and 0,000 for joint filers, and replace it with other sources of revenue..For every 0 a retired household spent in 2000, that household can only buy about worth of the same goods and services today. For example, in 2000, the average annual cost of homeowners' insurance was 8 per year. In 2020 however, the average cost is ,518.97, an increase of 174 percent over the period. In 2000, the average Social Security benefit was 6 per month. A retiree with 6 could pay their entire annual homeowners insurance bill and still have money left over. By 2020, however, COLAs increased the 6.00 benefit to just ,246.20. Households with a benefit of ,246.20 must make insurance payments over several months, dig deeper into savings, or borrow to cover the cost of their policy. … Continued

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