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TSCL is meeting with new Members of Congress to get them up to speed on the Notch, how it impacts the adequacy your Social Security benefits, and the importance of Notch Reform. We encourage all of you to take time to write to your Members of Congress about how the Notch has affected your retirement income and urge them to co-sponsor Notch Reform legislation, the Notch Baby Act of 2011, and the Notch Fairness Act..Opportunity to expand and preserve this vital benefit for future generations..drives up hospital and other costs for Medicare beneficiaries,.According to AARP, about 94% of widely-used brand-name drugs that were on the market between 2005 and 2017 nearly doubled in price. And in 2017, the average annual cost of specialty drugs - which treat complex conditions like cancer - was about ,800. In contrast, the average Social Security benefit in 2017 was just ,800..you need to start distributions. Most types of retirement accounts other than.TSCL Meets With High-Ranking Senate Leader.Here are some other deductions you might be able to itemize:.That said until you crunch the numbers it's hard to say whether itemizing your medical expenses or taking the standard deduction would be the better option..Travel expenses to and from medical treatments. In 2018, the standard mileage rate for tax purposes is.18 cents per mile for medical purposes. Keep a travel log for documentation.

Health Costs Perspective Why Low Growth In Health Costs Still Stings

I put the soda on the window ledge and discover my reading glasses that I've been searching for all morning..Gold standard. Companies acquire drugs considered the best available for the condition they treat, ensuring that physicians would continue to prescribe it even if the price increased..One way to strengthen Social Security is to do what's known as "scrapping the cap." Americans only contribute to Social Security on the first 7,200 in income earned every year. That makes no sense. Why should the very wealthiest get a tax break, when nurses, electricians, and grocery store clerks pay into the system on 100 percent of their earnings? Closing this loophole would extend the program for at least another generation. … Continued

A Status Report On Prescription Drug Policies And Proposals At The Start Of The Biden Administration

And overwhelming majority 95% of those polled said YES! Amnesty by Executive Order is presidential over-reach. Changes in immigration law should be left up to Congress..According to Politico, "At least 10 caucus moderates are signaling opposition to Democrats' drug pricing negotiation bill - more than enough to potentially force House Speaker Nancy Pelosi into dropping the reforms from [President Biden's] infrastructure legislation Democrats hope to pass along party lines. Pelosi can only spare two Democratic defections on partisan legislation because of the party's slim House majority.".With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of TREA The Enlisted Association. Please visit or call for more information … Continued