Johnson compiled a list of ten of the fastest-rising retiree costs based on Consumer Price Index data from October 2017 through October 2018..benefits. We're living longer, and Social Security benefits alone, even with.The U.S. Supreme Court decision on immigration has significant consequences for Social Security and Medicare, says a recent report by The Senior Citizens League. "President Obama's executive actions on immigration would have provided long - term access to Social Security and Medicare benefits for people who worked in this country illegally, even though the newly - issued green cards are only temporary," says TSCL Chairman Ed Cates.As of June 30th, the fate of the Senate's repeal and replace healthcare bill remains uncertain. The legislative in the Senate has avoided full bipartisan committee consideration and open hearings. We urge you to contact your Members of Congress and tell them NO to Medicaid cuts..A common debate is re-emerging this year over Social Security's "deficit, " as the federal borrowing limit looms. The debt limit, which was suspended since late 2015, was re-instated on March 16th. That debt limit sets the money the Treasury can borrow to pay for federal obligations, including money owed to the Social Security Trust Fund.."Using that criterion, the Social Security reform trigger has already been pulled," Johnson notes. In their latest report, the Social Security Trustees say the combined retirement, survivors, and disability Trust Funds will exceed total income by increasing amounts starting in 2022 and will be depleted in 2034, well within the 75-year period called for in the budget resolution..To determine if a portion of the taxpayer's Social Security benefits are taxable, half of Social Security benefits are added to the adjusted gross income, plus any tax - exempt interest, and certain other tax - exempt income. "Few people today think of an adjusted gross income of as little as ,000 -,000 as 'substantial' income," Johnson says. To calculate the taxable portion of benefits, taxpayers can find a worksheet in IRS publication 915..Daily exercise: According to a growing volume of scientific research, one of the biggest factors in protecting your brain from the effects of aging is the amount of exercise you get every day. Exercise helps reduce insulin resistance, reduce inflammation and stimulates chemicals in the brain that affect not only the health of brain cells but the abundance and survival of new brain cells. It also helps you sleep which can reduce memory problems. You don't have to sign up for gym membership. The standard recommendation often is about one half-hour of exercise daily that gets your heart pumping, or about 150 minutes a week. In addition to walking, riding a stationary bicycle or the treadmill, "exercise" can include things like dancing, gardening, raking leaves, mopping floors vigorously and climbing stairs..Automatic renewals are supposed to make this fall's Open Enrollment under the new health law run more smoothly for consumers like you. But analysts are warning to only do so as a last resort - especially if you qualified for a lower premium. The lower premiums are made possible through premium subsidies, which are actually an advance tax credit based on your income. According to analysts, health insurance exchange customers who like the convenience of automatically renewing are likely to receive outdated and inaccurate premium subsidy amounts that could result in big tax bills later.
Minnesota At Pivotal Moment In Covid 19 Pandemic Experts Say
The Senior Citizens League applauds the work and dedication of both of these committees to helping the millions of people affected by opioid addiction many of whom are older Americans. For frequent updates on the progress of these and other congressional committees, visit our Legislative News page every Friday..Coming Months Could be the Roughest Yet.As I head toward the kitchen with the soda, a vase of flowers on the window ledge catches my eye--they need water. … Continued
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TSCL enthusiastically supports the Audiology Patient Choice Act and the Seniors Have Eyes, Ears, and Teeth Act, and we look forward to working with their sponsors in the House and Senate to help build support for them. For more information, visit the Bill Tracking section of our website. For progress updates, follow TSCL on Twitter..TSCL's annual Senior Surveys indicate that roughly 56% of retiree households pay tax on a portion of their Social Security benefits. About the same number support reducing the taxation of Social Security benefits by lifting the threshold for taxation of Social Security benefits from ,000 to ,000 for single filers and from ,000 to 0,000 for joint filers.."We continue to see this as a critical public health tool," CDC Director Robert Redfield said. Responding to questions about large public gathers of unmasked people, he stated that, "obviously we're very concerned that our public health message isn't resonating." … Continued