The Tax Cuts and Jobs Act is expected to appear on the House floor for a vote by November 16th the day before lawmakers adjourn for an eleven-day holiday recess. In the meantime, Republicans in the Senate are working on their own version that would likely keep the medical expense deduction intact. At the time of writing this week's update, the text of the bill had not yet been released, but a conceptual draft from the Senate Finance Committee is expected before Friday, November 10th..I turn 66 this year and my wife is 6Neither one of us has started Social Security. We receive health insurance through my employer. Do we need to sign up for Medicare yet?.Since the Social Security Administration announced the 2013 benefit boost last fall, fuel, food and healthcare costs have steadily climbed. U.S. households that heat with oil are expected to pay nearly 20 percent more this winter compared to last year. Homes that rely on oil heat will pay an average of 7 more this winter according to the U.S. Energy Information Administration..Social Security and Medicare remain the targets of plans to reduce federal spending. Over the past 12 months, both Members of Congress and President Obama came close to agreeing on cuts to Social Security benefits, including cost-of-living adjustments and making seniors pay more for their Medicare. How much are Social Security benefits worth over a lifetime and what can you count on? A baby boomer retiring with an "average" benefit of ,100 in 2011 can expect to receive 0,225 over ten years, and 3,641 if he or she lives twenty-five years, due to the compounding effect of the cost-of-living adjustments..Where Can We Find Help For Questions About Health Emergencies and Financing Nursing Homes?.In a letter to Marilyn Tavenner, the Acting Administrator of CMS, the Medicare Payment Advisory Commission warned that some of the health plans don't have the experience to manage the full range of benefits required by dual eligibles or the capacity to serve large numbers that would be automatically transferred into the plans en masse at the beginning of the program..TSCL is working for legislation that would eliminate the one-time gain "means test," and supports efforts that would repeal determination of Medicare benefits based on income. To learn more, please visit..New Co-Sponsor for Key Bill.In 2012, the GPO reduced the Social Security benefits of nearly 600,000 surviving spouses, who also collect a government pensions, by nearly two-thirds. Nine out of 10 public employees affected by the GPO lost their entire spousal benefit, even though their spouse paid Social Security taxes.

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Rehab the kitchen. Mid to lower range kitchen remodels can have the highest return when you sell your home, but avoid going overboard. Most buyers don't like to pay extra for that professional 8-burner gas range or a fancy fridge. Replace missing drawers or those that no longer function. If your cabinets are outdated and beat up, a less expensive option to replacing them is resurfacing, which involves attaching a thin veneer to the surface, and replacing doors and hardware. Repair leaky facets, and replace stained or worn out sinks and fixtures. Consult with your real estate agent on counter tops - laminate instead of granite may be just fine..Reduces the costs of your drugs..Annual Open Enrollment Period: The annual Medicare Open Enrollment period runs from October 15, through December 7, 201During this period you can compare and switch Part D stand alone drug plans and Medicare Advantage plans. … Continued

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Would it Be Advantageous for Me to Take a Divorced Spouse Benefit?.Talk to your doctor about the best schedule to resume routine or elective care. Be realistic. The above Medicare bulletin continues to recommend that people age 65 and over stay home when possible, continue to social distance by standing at least 6 feet away, wear a face mask, and keep washing hands! Stay safe.."But the evidence on whether Biogen's treatment, called aducanumab, is effective is, at best, mixed; the FDA approved it this week over the objections of its own advisory committee. And with a preliminary announced price of nearly ,000 annually per patient, covering the treatment could cost upward of 0 billion a year, mostly to Medicare, which would almost double the program's drug spending. Patients themselves could be on the hook for thousands of dollars in out-of-pocket costs." … Continued

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