benefits. We're living longer, and Social Security benefits alone, even with.Social Security's combined Old-Age and Survivors Insurance and Disability Insurance Trust Funds will be fully funded until 2035 one year later than was projected in last year's report. At that point, if nothing is done by Congress, Social Security would still have the funds to pay out 80 percent of scheduled benefits using tax revenues alone. The Trustees also estimated that Medicare's Hospital Insurance Trust Fund will be fully funded until 2026, at which point the program would still be able to pay out almost 90 percent of scheduled benefits using tax revenues..Following the reception, the Board of Trustees and TSCL's legislative team spent the afternoon meeting with six Members of Congress and their top aides. Support was expressed for a number of key bills, including the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, and the Social Security Fairness Act, among others..President Trump Signs Executive Order to Expand Private Medicare Plans.Last year, more than one-fourth of participants in TSCL's Senior Survey reported that they had received a "surprise" medical bill in the past 12 months. While surprise medical bills can refer to any number of situations, including a sudden cost increase for prescriptions, recent legislation passed in December of 2020 addresses a certain type. Specifically, medical bills that a patient unexpectedly receives when treated by an out-of-network provider at an in-network facility..This year, for the first time since the early 80's, the Social Security Trust Fund that pays retirement and survivors benefits fell into deficit and is paying out more than it receives in payroll taxes and taxes on Social Security benefits. In years in which there was an excess of Social Security taxes, the federal government used the surplus revenues for other purposes and then credited the Trust Fund with special non-marketable government bonds representing IOUs. But with the recession and prolonged economic recovery, the taxes that fund Social Security plunged. At the same time, enrollment is soaring as seniors who have lost their jobs turn to Social Security early. When the Trust Funds don't receive enough tax revenues, then the government must find the cash to redeem the IOUs to pay benefits. The only options Congress has is unsustainable levels of borrowing, tax increases, or cutting benefits..Medicare Savings Programs cover the cost of the Medicare Part B premium, saving a person 8.50 per month in 202Depending on income, those with the lowest income may also qualify for additional benefits that cover the Part B deductible and out-of-pocket costs. People with incomes in 2020 of up to ,456 per month or ,960 might be eligible if they have limited savings and resources of ,860 or ,800. These limits are slightly higher for Hawaii and Alaska. This program is administered through state Medicaid programs and states may have guidelines that allow people with slightly higher income to enroll. If interested,contact your local Medicaid office to apply..It they can't do that they will have to pass a longer CR which would take the funding issue well into January of next year and the new Congress will have to deal with it as its first order of business..You will need to contact Social Security at to request an appointment. Social Security has a local office locator that you can find here. In the meantime learn more about Social Security survivors benefits on the

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AHCA Advances Through House.Without a doubt the public is often justifiably confused about the convoluted workings of federal benefit programs. But the one thing we are all aware of is the amount of money we pay into Social Security, which includes taxes for both retirement AND disability insurance benefits. Social Security disability benefits are earned - same as retirement benefits. Of the 12.4% payroll tax paid by workers and employers, the retirement trust fund gets 10.6% and the disability insurance trust fund gets 1.8% of the revenues collected..There is still only 1 check in my checkbook. … Continued

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My husband passed away on March 31st. I was told that I have to return his entire Social Security payment for the month of March. Can this be true? This is an unfair and callous policy. Bills were incurred during the days that he was alive. Returning the check creates a financial hardship since every bit of it was spent on his healthcare, not to mention the costs of his funeral!.About 44 percent of TSCL Senior Survey respondents last year said that their Social Security benefit was lower in 2011 after deduction for Medicare premium payments. Another TSCL survey found that 44 percent of respondents also said they spent at least 0 a month on Medicare premiums and other out-of-pocket costs in 201"With the average benefit at ,100, about 17 million seniors are spending one-third of their Social Security benefit on Medicare costs, " Hyland observes..Until then, many Members of Congress will be holding town hall meetings to address the questions and concerns of their constituents. TSCL encourages its members and supporters to attend these town halls and to ask questions of their elected officials about important Social Security and Medicare issues, like the following four… … Continued

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