Under a restricted application, however, you could take just one or the other of the two benefits at 66, and then allow the other benefit to grow at 8% per year, until age 70. For example, depending on how much your own retirement benefit would be, you might file a restricted application for your own retirement benefit, and then let your larger spouse benefit grow to the maximum, switching to it at age 70. Or, if by allowing your own retirement benefit to grow would yield a higher benefit, you could instead file a restricted application for just the ex- spouse benefit at 66, and then switch to your own higher benefit at age 70. You will need professional help to make this determination. The extra money you receive using this strategy accumulates over a typical retirement, and can mean a significantly higher benefit when you are older and need it the most..Now, as we draw close to the end of the year, the window for Congress to take major action to lower prescription drug prices is beginning to close. Concern is growing that the prospects of a substantial drug price reduction bill may get lost in the politics surrounding the 2020 election. Legislation that would allow Medicare to negotiate the cost of prescription drugs is in the House, and a bipartisan bill that would cap out-of-pocket Part D costs at ,100 a year is stalled in the Senate. The whole effort is fiercely being fought by the pharmaceutical industry, and the outcome remains unclear..The Social Security OIG report concluded, "Having an SSN on the MBR - regardless of the date of entitlement - improves the Social Security Administration's ability to prevent improper payments," and recommended that the agency take additional steps to ensure the oldest auxiliary beneficiaries without an SSN are still alive. Yet the Social Security Administration disagreed, saying that the Agency "believed current policies and safeguards were appropriate to meet program needs.".Social Security Subcommittee Discusses SSA Leadership.Currently, the two vaccines available are produced by Moderna and Pfizer. However, a vaccine from Johnson and Johnson could become available within the next few days. And there could be one or two more available in a few more weeks..In July of last year, the Internal Revenue Service issued a notice expanding its interpretation of what constitutes preventive care. As a result it now includes certain items and services that can be considered preventive when they are prescribed to an individual with certain chronic conditions and if they are low-cost and prevent the worsening of a chronic condition or the development of a secondary condition. The notice also contained a list of specific items and services that meet the new criteria for preventive care for chronic conditions. Co-sponsors of the bill include Sens. Tina Smith, Kevin Cramer, Martha McSally and Kyrsten Sinema..Support for the legislation has grown significantly, nearly doubling over the previous six Congressional sessions in which it's been introduced. TSCL is encouraging seniors and their younger family members to contact their Members of Congress and urge them to co-sponsor "The Notch Fairness Act, " H.R. 1001 and S. 118..Unlike many other organizations TSCL accepts no government funding -- this leaves us free to truly represent the interests of supporters like you..How many members does TSCL have?
