Blog All Elections Are Hybrid Electionsread More In The May CanvassIf you do return to work, it is possible that your earnings could subject a portion of your Social Security benefits to taxation. If this happens, you could wind up with only a small gain, or even lose money after paying the increased tax on earnings and Social Security benefits. Before taking on work to earn extra income, calculate the tax cost. A good tax guide like J.K. Lasser's Your Income Tax contains worksheets to help you do this. Tax guides can often be found in many public libraries, or visit for more information..The federal government negotiates prescription drug prices for Medicaid and for veterans, but it is not allowed to negotiate lower prices for Medicare beneficiaries. Do you support this policy?.This week, the Senate Judiciary Committee approved the "Gang of Eight's" immigration reform bill by a vote of thirteen to five. In addition, two House Ways and Means Subcommittees held hearings on entitlement reform, and The Senior Citizens League saw support grow for four key bills. … Continued
Daily News Tags Budget SummariesAccording to TSCL's 2021 study of typical retiree costs, the average Medicare recipient can expect to spend more than ,000 per month on healthcare costs this year. Considering that the average retiree benefit is just ,550 per month, that doesn't leave much wiggle room for everything else in a year of spiraling inflation. Paying for food gasoline, or home and auto insurance is more challenging this year than it has been in 13 years.."Home Heating Oil Cost Forecast To Rise 19 Percent This Winter," Reuters, October 11, 201"Prepare To Pay An Extra 5 For Food In 2013," Nicole Seghetti, The Motley Fool, August 6, 201"Healthcare Cost To Rise 7.5 Percent In 2012 Report," David Morgan, Reuters, May 31, 2012..[ii] Ibid. … Continued