The idea you propose is a good starting place for discussion though, and a great way to get people talking about how we can make Social Security COLAs fairer and more adequate for everyone!.How can illegal immigrants get Social Security? They don't pay taxes!.The deduction is especially important to people age 65 and over, since spending on medical expenses increases with age, and healthcare costs can be considerable. About 23 percent of participants in The Senior Citizens League's 2018 Senior Survey said they routinely itemize medical expenses. A recent report from the non-partisan Kaiser Family Foundation says that Medicare households spent on average ,355 in 2016 on healthcare costs that Medicare doesn't cover. That's equivalent to ,700 in 2018 adjusting for inflation..Kyle Carpenter joined TREA in 2013 while stationed at Buckley AFB in Colorado and became active in Chapter 3Kyle has served in the Air Force for 20 years, first as active duty and currently as a guard member in active duty status. Kyle is currently serving in the Arkansas Air National Guard on active duty. He holds a master's degree in Maters of Business Administration with an emphasis in Healthcare from University of Phoenix and a bachelor's degree in Business Management from University of Phoenix. Kyle also obtained his Community College of the Air Force associate's degree in Human Resource..Surprise! Congress Passes Legislation Banning Surprise Medical Bills.But the promise of Medicare is in jeopardy today because some in Washington have misguided priorities. A proposal put forth by Congressman Paul Ryan that I was proud to vote against earlier this year, would end the Medicare guarantee by turning the traditional program into a handout for private insurance companies..We should hope for our young adults, and workers from all walks of life, to aspire to serve their communities and become public servants. However, policies like the WEP and GPO only discourage our young people from becoming teachers, firefighters, and public health workers..Survivors benefits for a spouse and/or divorced spouse based on the deceased account..The Social Security COLA was intended to protect the buying power of older Americans who for the most part, are no longer in the workforce. The majority of retirees depend on Social Security for at least half of their income, meaning that Social Security benefits tend to be spent immediately on essentials like housing, food and healthcare returning billions of dollars to the U.S. economy every year.

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Sleep: Deep sleep helps the brain store and retain new facts and information. But the structural changes to our brain as we age interferes with the quality of our sleep. That in turn reduces our ability to store memories for the long term. To improve focus and memory, get better sleep. That's not always easy for people 65 and over, and there may be times when you need to speak to a doctor. The nonprofit Helpguide.org has tips on how to sleep better as we age..The findings represent a significant one-year loss of 4 percentage points in buying power, with the loss increasing from 30% to 34% from January 2017 to January 201The loss occurred even though beneficiaries received a 2% annual cost-of-living adjustment for 201Housing and medical costs - particularly for home heating expenses and Medigap premiums - were among the most rapidly-rising costs over the past year. The study examines the growth, since 2000, in the price of goods and services that are typical for retired and disabled households, and compares that to the growth in Social Security benefits due to annual COLAs..In recent years a growing number of Medicare beneficiaries are entering hospitals for observation care rather than as inpatients. The number rose 69% in five years according to the most recent national statistics, but over the same period Medicare hospital admissions have declined. … Continued

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While benefits scheduled in the law for OASI [Old Age and Survivors Insurance] and DI [Disability Insurance] are obligations, such obligations can only be met to the extent that asset reserves are available in the OASI and DI Trust Funds. The law does not provide authority for the trust funds to borrow in order to pay benefits beyond the limited authority for "advance tax transfers.".Consequently, surprise billing is universally loathed. More than eighty percent of participants in TSCL's 2020 Senior Survey wanted Congress to prohibit surprise medical bills, and the legislation that was signed into law in December prohibits this practice..TSCL will watch closely to see what, if anything, is introduced in Congress to boost Social Security payments for seniors and we will keep you posted as things move forward. … Continued

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