Auxiliary beneficiaries who lack SSNs heighten the risk of improper payments and fraud. The OIG said that the Social Security Administration sometimes has trouble making timely terminations of benefit payments when the beneficiary without his or her own Social Security number dies. Making accurate payments, however, is complicated by the fact that 83% of auxiliary beneficiaries without an SSN identified in the OIG's audit reside outside the United States. In addition, more than 5,000 of the auxiliary beneficiaries are age 90 or older. In fact, the OIG audit uncovered three cases in which the Social Security Administration continued to improperly pay benefits long after the beneficiary had died.."When we raise prices, they mess with people's ability to make good decisions about their health," said Ziad Obermeyer, co-author of the study and associate professor of health policy and management at the University of California at Berkeley. "Those decisions lead to more people dying - health costs need to be priced into these cost-sharing policies.".Gradually, over 10 years, eliminate the cap on earnings that are taxed for Social Security. This would mean that the approximately 6% of workers who earn more than the 8,500 cap in 2015 would pay into Social Security throughout the year like other workers. In return they would get slightly higher benefits..Under Medicare Part D, the government does not negotiate prices like it does for doctors' or hospital fees. Drug prices are established by the private insurers who run Part D drug plans. Those prices are based on what the plans negotiate with drug manufacturers and what drug plans want to make on the drugs in order to operate at a profit. Under current law, however, even when drug plans negotiate a rebate, the law does not require that plans pass the savings along to consumers..The following is an op-ed by U.S. Representative Dennis A. Ross and does not necessarily reflect the views of TSCL..An individual's earnings are the basis for how the Social Security Administration calculates the initial retirement benefit. The benefit formula uses the 35 years of highest earnings to determine the average monthly wage. Low earnings and years of no earnings in one's earnings record, decreases the average monthly wage used to determine the monthly benefit. Initial benefits are pulled down with it. To boost benefits, some women today are working much longer than they anticipated to fill those gaps in their earnings records..H.R. 1030 has been referred to various committees including the House Ways and Means Committee for further consideration. In an effort to be of all possible assistance to you, I have taken the liberty of sharing your support for this legislation with my colleagues on the committee. As they continue to review the Consumer Price Index for Elderly Consumers Act, you can be sure they will keep your views in mind..If you start Social Security benefits too soon, prior to your full retirement age, your benefits may be withheld by as much as ,373.30 due to the earnings test. That's because no matter when you receive your wages in 2017, Social Security will assume that the full ,000 of your 2017 earnings occurred prior to November. Your earnings in excess of the ,880 would be ,000, less ,880 or ,120. Social Security will withhold in benefits for every in excess earnings. The ,120 is divided by 3 and ,373.30 will be withheld from your benefits starting the beginning of the following year..This week, TSCL announced its support for the Seniors and Veterans Emergency Benefits Act, which was introduced by Congressman Alan Grayson as a companion bill to Senator Elizabeth Warren's S. 2251.

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If your "provisional" income is over the base amount, then a portion of your Social Security benefits would be taxable. Up to 50% of your Social Security benefits are taxable if your provisional income is above ,000 to ,000 if you file singly, or above ,000 to ,000 for joint filers. If your provisional income exceeds ,000 or ,000, up to 85% of your Social Security benefits are taxable..I believe Social Security is a promise made to hard working Americans a promise that must be kept. We need to improve our economy to get folks back to work and paying into the program so our children and grandchildren have access to the same social safety net. I will work with my colleagues on both sides of the aisle to keep these promises made to seniors and it starts by passing H.R. 973..The decision can be abrupt and arbitrary. A home health worker tells you, "Your husband isn't getting any better, we've done all we can do, and now we can't continue services, because Medicare isn't going to pay for it." … Continued

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How much will the New Year's 1.5% cost-of-living adjustment increase your Social Security benefits? How much did your household budget increase over the past 12 months? Your response is important because the only thing standing between seniors and COLA cuts right now is public pressure on Congress and the White House. Major budget negotiations are underway as the nation faces another government shut-down on January 15th, hitting the debt limit again the first week in February. Members of Congress need to hear how their actions would impact real people like you..If you would like to continue receiving these press releases via email, please send your email address to [email protected] the other hand, much of the other CPI data has been pretty tame. Housing costs and medical care services are rising, but still more slowly than prior to the pandemic. I'm in the process of collecting price data for TSCL's annual report on the Social Security Loss of Buying Power. If you would like to send in examples of your rising costs, please feel free to do so online at "Share Your Story". … Continued

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