Thrive Singing Your Way To Good HealthIt's helpful to think of age 70 as the retirement age to get the maximum benefit that you are entitled to. Not only does your benefit grow 8% per year, but the additional years of work could potentially boost the amount of your initial retirement benefit. By continuing to work you also give yourself more time to contribute to retirement accounts and pay off home mortgages, and you reduce the length of time or amount you will need to withdraw from your retirement accounts. That can make a big difference on how well you can live and thrive in retirement..A controversial "Medicare" tax on net investment income that was signed into law shortly after passage of the 2010 Affordable Care Act is expected to once again come under debate according to The Senior Citizens League. "During the battle over The Affordable Care Act, a new source of funding - a 3.8% Medicare Net Investment tax was enacted - presumably as means to strengthen Medicare funding," says Mary Johnson, a Medicare policy analyst for The Senior Citizens League. "But the truth is those revenues, which the Joint Committee on Taxation estimates to be .5 billion for 2021, never actually made it into the Medicare Part A Trust Fund," she says.".Pneumococcal pneumonia is an example of a serious flu-related complication that can cause death. You can get the pneumococcal vaccine your provider recommends when you get a flu vaccine. … Continued
Minneapolis Heart Institute Patient Stories Living Again Thanks To New Valve Repair Option12 Ways Seniors Would Get Less, Pay More.If adopted, H.R. 2787 would mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for beneficiaries..More people than ever face a lower standard of living in retirement, according to a growing number of troubling new studies. There are several reasons why this is occurring: … Continued