Heal Food As MedicineRefinancing a mortgage in retirement is a "special needs" situation. TSCL highly recommends that this should be discussed with an unbiased financial advisor..On Thursday, Senate lawmakers passed legislation to suspend the debt ceiling until next spring, fund the government through December 8th, and provide .25 billion in relief to victims of Hurricane Harvey. At the time of writing this week's legislative update, the House had not yet voted on the legislation, but it is expected to pass with bipartisan support by the end of Friday afternoon..The past two years without a cost-of-living adjustment felt like the government clamped a lid on benefits. Now a Congressional debt reduction committee is working on a plan that's likely to keep your COLA "chained" down in the future by switching to a more slowly-growing "chained" consumer price index. … Continued
Blog Supreme Court To Review DacaIf you are under full retirement age for all of 2009, the Social Security Administration will withhold in benefits for every in earnings over ,160 for the year or ,180 per month. People who turn full retirement age in 2009 may earn more. The Social Security Administration will deduct in benefits for every over ,680 for the year or ,140 per month. The amount that you are allowed to earn is adjusted annually. Once you reach full retirement age, you may receive your benefits with no limit on the amount you can earn..Another concern about congressional inaction on the debt ceiling is the potential for cuts to programs like Social Security, Medicare, and Medicaid. In recent debates, Social Security benefits have been used as a bargaining chip and have been held hostage to the debt limit increase. Some retirees have felt the sting of unexpected benefit cuts. In 2015, following the passage of the Bipartisan Budget Act, millions of seniors, already eligible for Social Security benefits, learned that an important claiming method called "file and suspend" a particularly important protection for women who tend to have lower benefits than men would no longer be an option to them..TSCL is working with Members of Congress to enact legislation that would lower Medicare costs, including the elimination of "surprise medical bills" from out-of-network providers, and is working to ensure that Medicare beneficiaries can continue to receive their Medicare benefits through the Medicare Advantage or Medigap plan of their choice. … Continued