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How would this compare with the "senior" CPI, the Consumer Price Index for the Elderly ? Estimates for TSCL indicate that if the CPI-E were to be used to determine the COLA for 2017 the COLA would be 1.7% - 1.1% higher than COLAs under the CPI-W, but federal poverty levels will rise as well..ROTH IRAs require that you take distributions by age 70 and a half or pay a.In the report released on Wednesday, the trustees estimated that Medicare beneficiaries will see a Part B premium increase of nearly per month next year, from 1.80 to However, due to the hold harmless provision, most beneficiaries will continue paying a monthly premium of 4.90. That's because experts are projecting another record-low Social Security cost-of-living adjustment for 201The trustees estimated that a 0.2 percent COLA will be paid next year, which would amount to a mere per month benefit increase for someone receiving a ,000 monthly check..The COLA isn't living up to the promise of protecting the buying power of your benefits, and retirees are getting short changed. We need to work together to enact legislation that will provide a more fair and adequate COLA. To learn how you can get involved visit:..Increasing life expectancy, longer retirements, and an increase in the number of retirees all mean that a larger share of the population will be utilizing health services and receiving benefits from Medicare. DCW jobs are currently among the fastest-growing occupations in the country, though their training programs and earnings fail to reflect their incredibly important roles. A recent report by the Brookings Institute found that personal care aides, and nursing, psychiatric and home health aides have median earnings of ,000 and ,000 respectively..TSCL believes modestly higher retirement benefits are needed by a majority of people at or nearing retirement. A number of national studies indicate that millions of older Americans are entering retirement without the financial resources to cover retirements that may stretch 30 years or more. A 2015 report from the U.S. Government Accountability Office that says about one - half of households 55 and older have no retirement savings, and many of those that do run the risk of falling short of income..Medicare - age adults 65 and up, and those who are residents of nursing homes are at especially high risk of complications and death from the COVID-19 coronavirus. About 90 percent of the participants of the new survey, which was conducted online during June and July, are Medicare beneficiaries. Survey response indicates support for strengthening program funding versus no change, or prioritizing healthcare delivery through private insurance plans over traditional Medicare. Only 23 percent of survey participants think that priority should be placed on private insurance plans in order to reduce reliance on federal spending and the need to raise taxes, and just 21 percent think the current level of spending is "about right because we could not have anticipated the scope of the coronavirus pandemic.".Call your drug plan to ask about the coverage of the new generic and the expected co-pay. Be forewarned: according to Consumer Reports magazine, some Medicare drug plans charge lower co-payments for the branded version than for its generic counterpart. That has to do with agreements between insurers and pharmaceutical companies that make it seem like the name brand is the better deal..If you get a call from someone that you don't know who is asking for personal information, don't be polite - hang up or shut the door. If you do get such a call about new Medicare cards, you may help other retirees avoid scams by calling your local newspaper and TV stations to alert the local news media to the attempt. Tell journalists what almost happened to you and ask for their help to get the word out to other retirees.