According to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund." The Joint Committee on Taxation in 2011 stated that's because "No provision is made for the transfer of the tax imposed by this provision from the General Fund of the United States Treasury to any Trust Fund.".Said TSCL Chairman Ralph McCutchen, "We've gotten much accomplished this trip and received plenty of good news as far as getting more support for our concerns. We were able to show the Members of Congress we met with that living proof of the Notch does exist and reform is needed sooner rather than later.".Unlicensed loan offers through the mail, via telephone, or door-to-door. "Auto payments of per month! Interest rates as low as 2.4 APR! Keys to the door of your next car!" It's not unusual to find auto loan offers in your mailbox, but beware. Make sure any lender you work with is legitimate, and licensed..Federal Government Moves to Guarantee Access to Drugs.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..Although the bill applies to children, TSCL is concerned that the DREAM Act is a back-door approach to a much wider amnesty that would have an enormous impact on the financial solvency of Social Security and Medicare. Under current policy, immigrants who become U. S. citizens, as young people under the DREAM Act would, may file a petition for green cards to allow their immediate relatives to legally immigrate to the U.S. Relatives who qualify immediately for a visa are spouses, unmarried children under the age of 21, and parents. Once the parents receive the green cards they can legally apply for work authorization, and renew it annually..The goal is to prevent fraud and combat identity theft by removing the Social Security numbers from cards and using a unique, randomly assigned number instead. The new cards, which contain a combination of numbers and uppercase letters, will be automatically mailed to all Medicare beneficiaries. There is nothing people need to do to obtain the cards..What do you feel are Medicare's major problem areas, and how do you feel they should be addressed?.During women's working years they tend to earn less than men for the same work. In addition, many women also take time out of the workforce to have children, or to provide care for aging family members. Some women do both, leaving low earnings and even zeroes in the earnings record that the Social Security Administration uses to determine their retirement benefit.

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The Senior Citizens League was pleased to see support continue to grow for several of its key bills this week, and we thank the new cosponsors for their support. In the months ahead, we will continue to advocate for the passage of the Social Security Fairness Act, the Social Security 2100 Act, the Fair COLA for Seniors Act, and get adoption of legislation that would lower the cost of prescription drugs..Deaths related to COVID-19 were higher among American Indian and Alaskan Native persons, Hispanics, Blacks and Native Hawaiian and Pacific Islander persons than whites. Among nearly all these ethnic and racial minority groups, the COVID-19 related deaths were more than double the death rate of non-Hispanic white persons..Before we get into the rules for your wife, let's double-check your situation. If your wife recently stopped working, you should check your enrollment in Medicare Part B right away in order to avoid a Part B late enrollment penalty. … Continued

Blog March Madness Illinois And Pennsylvania Budgets Nine Months Overdue

On Tuesday, the Social Security Administration announced that beneficiaries will receive a 0.3 percent cost-of-living adjustment in January the lowest Social Security COLA ever paid. It will increase the average monthly benefit by just around five dollars, and it is likely to be offset completely by increased Medicare Part B premiums..TSCL opposes these new provisions because we feel strongly that seniors should not be required to cover the cost of the poor policy-making decisions that were made by Congress nearly twenty years ago, when lawmakers first created the SGR. According to the non-partisan Kaiser Family Foundation, Medicare beneficiaries will automatically contribute billion in Part B premiums over the next decade to repeal and replace the SGR. TSCL believes any additional cost-sharing including the two new provisions will be unduly harsh..Keep in mind that this is not a comprehensive list or tax advice, but provided to give you an idea of the steps you need to take to learn how to reduce your tax bill. TSCL strongly recommends that you get help preparing your taxes from a tax professional who can explain your options and get you every tax break to which you're entitled to. … Continued

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