Rushed or pressured to sign papers. Is the salesman or dealer herding you into an office and telling you to sign now or lose your deal? That's a sure sign it's a deal worth missing.."Nearly half of beneficiaries said they avoided care because they didn't want to risk being in a medical facility, while 35% said they didn't want to leave their home. And 23% reported feeling more lonely or sad.".Two Bills Gain Cosponsors.These questions were prepared as a public service by The Senior Citizens League, 1001 N. Fairfax St. #101, Alexandria, VA 22314, 703-548-556With over 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare and veteran or military retiree benefits..that a new prescription is your best option, check your drug plan coverage and.Premium subsidies are actually advance federal tax credits and available only for people buying their own insurance on the insurance exchanges. You qualify if your income is less than ,960 for individuals or ,040 for a family of two. Your "modified adjusted gross income" will be used to determine your income. That includes your household's adjusted gross income plus any tax-exempt Social Security, interest and foreign income you have. When you apply, the government will access your most recent tax return to confirm the income data that you report..The reconciliation bill is one of the most complex tax and spending bills ever contemplated, with virtually no area of the budget or tax code left untouched. The Democrats want it to contain measures that are extremely important to seniors, including dental, hearing and vision benefits being covered by Medicare. They are hoping to craft it in such a way as to only need 51 votes for passage..Will higher-income workers pay their fair share of taxes to Social Security?.What you propose is an interesting concept. It would be possible to design such cost of living adjustment option in several different ways. For example, the COLA could be calculated based on the national average retiree benefit in the current year. This amount could be adjusted using the current method the Consumer Price Index for Urban Wage Earners and Clerical Workers, or the use of a seniors' consumer price index such as the Consumer Price Index for the Elderly. The law could even add a provision that the COLA would never be lower than a certain amount - such as 3%.

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TSCL will continue to keep a close eye on the evolving immigration negotiations, and we remain hopeful that in the very near future, lawmakers will consider loophole-closing legislation that would prevent Social Security credits from being earned by work done illegally. For updates on the discussions, visit the Legislative News section of our website..The U.S. has given billions of dollars to drug companies to develop a vaccine against the coronavirus that has infected more than 5.1 million people across the country. It has even gambled on locking in a minimum of 800 million doses as soon as the immunizations are cleared later this year or early next year..This year, more than 50% of Social Security beneficiaries paid taxes on their benefits, even though many of them only made twice the federal poverty level in income. Do you believe this is fair, and if not, what should be done about it? … Continued

Medicaid Issue Brief Implications Of The Medicaid Fiscal Cliff For The Us Territories

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..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..This week, lawmakers in the Senate voted to approve a permanent repeal of Medicare's flawed sustainable growth rate formula, and The Senior Citizens League announced its support for one new piece of legislation. … Continued

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