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The Senior Citizens League is predicting another record-low Social Security cost-of-living adjustment in 2020 despite skyrocketing prescription drug prices and home heating costs. Will you cosponsor the Fair COLA for Seniors Act, which would make the COLA more adequate for Social Security beneficiaries?.Hearing aids and batteries..If you are leaning towards refinancing your home, look carefully into the closing fees. Will you be paying any closing costs out-of-pocket or will those costs get rolled into the loan? How would that affect monthly payments?Based on your credit profile, what interest rate do you actually qualify for, and how does that compare with what you are currently paying?.When it comes to the future of Social Security, we have a choice: we can tell our children and grandchildren that their Social Security benefits won't be there for them because of a regressive tax that benefits the wealthy. Or, we can do what's right to make sure America's seniors and disabled citizens don't fear living in poverty. Our country is stronger when everyone can be financially independent and living with dignity, thanks to a program they paid into..Dining On A Social Security Budget.Giving COVID vaccines in school gymnasiums and community centers has been just as healing for those giving the shots as for those of us getting them. Our vaccine hall was bubbling with excited happy voices and laughter. The moment I entered I was struck by how strange and rare that laughter had become and how much I had missed that sound!.Medically necessary home remodeling. This can include ramps, making doors and hallways wider, adjusting electrical outlets, even grading exterior landscape to provide access to the house..Coronavirus may derail Senate plans for other legislation.Is the President over-reaching his powers? Should changes in immigration law be left up to Congress?

Medicaid Issue Brief Approved Changes In Indianas Section 1115 Medicaid Waiver Extension

The upcoming tax season is expected to be especially challenging. A little planning now can help you lower your tax bill come April 15th. Here are 6 ways to minimize the bill, but always consult your tax advisor first before taking action:.Learn if there's an older, less expensive drug that you can try first. If you have a copy of your drug plan's formulary you may want to take that with you to the doctor's office to assist with checking an alternate medication, and what you will pay out-of-pocket..The Post added, "Outside the administration, Trump's intended drug debit cards are drawing criticism from the pharmaceutical industry, budget and health policy experts of both political parties, and even a conservative publication." … Continued

Child Support Program Changes Result In Stronger Families Oas Episode 57

This week, the White House held its day-long Conference on Aging and The Senior Citizens League announced its support for one new piece of legislation..Lower than expected payroll tax revenues. Payroll taxes account for roughly 89% of Social Security's financing. But in 2020, businesses nationwide temporarily shuttered due to emergency stay at home orders. In addition, widespread layoffs, reductions in work hours, and job losses resulted in the collection of fewer payroll tax revenues. Emergency legislation that was passed last year allowed employers to even temporarily defer payment of Social Security payroll taxes until December of 2022 to help companies shore up cash flow and stay in business. While the job market is getting back on its feet again in 2021, unemployment is still higher than it was prior to the pandemic, and payroll tax revenue has not yet returned to pre-pandemic levels..This year, for the first time in decades, "expanding" Social Security became the platform of a major political party - the Democrats - while both presidential candidates, Clinton and Trump, expressed opposition to any benefit cuts. And lending credibility to the claims, legislation is pending in both the Senate and the House that would provide a boost to Social Security benefits and use a "seniors" CPI, the Consumer Price Index for the Elderly, to determine the annual cost-of-living adjustment. The legislation would finance doing this by lifting the payroll taxable maximum - which is currently capped in 2016 at the first 8,500 in earnings. … Continued