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To address the growing issue of inaccurate COLAs, TSCL believes Congress must adopt the Consumer Price Index for Elderly Consumers Act. This bipartisan bill from Congressman John Garamendi would better protect the purchasing power of Social Security benefits by basing the COLA on the spending patterns of retirees..You will need to respond to the Social Security Administration by stating that you are contesting the amount of earnings that the Social Security Administration says you had, and the amount of money they say you were over paid. You should also ask Social Security for a review of your earnings record. You may be a victim of identity theft and one or more people might be using your Social Security number to illegally work..Telephone scammers are bilking Medicare out of billions of dollars, and bombarding millions of older U.S. consumers with multiple daily automated phone calls for everything from "free" back braces to genetic tests. While Medicare scams have been with us for decades, what's new is the use of automated calling technology, and the massive international scale of the scams..TSCL surveys have found that there is no public support for benefit cuts. On the other hand, 79% support eliminating the taxable maximum cap on earnings so that the highest paid workers pay Social Security taxes on all of their income, not just part of it as they do today..Since the passage of the Affordable Care Act in 2010, it was my understanding that the 3.8% tax on net investment income was intended to fund the Medicare Part A Trust Fund, in much the same way a portion of the taxes on Social Security benefits are earmarked for the Part A Trust Fund..Check the insurer's financial strength. Since you may have your.Gives you Special Enrollment Periods to enroll or change plans during the year outside of the fall Open Enrollment period..Addressing the Social Security Trust Fund shortfall by increasing both the amount of wages subject to taxation and, increasing the payroll tax rate. The bill would immediately tax wages above 0,000. That threshold would not be adjusted annually, and the current law maximum of 2,900 would continue to increase as scheduled, slowly closing the gap, until all covered earnings would be subject to payroll taxes by 204The bill would raise the payroll tax rate 0.1 percentage point per year until it reached 14.8% - 2.4% higher than today. Currently employees and employers each pay 6.2% for a total of 12.4%..The bill would provide legal status and a path to citizenship to young people who were brought to the United States illegally as children. Under the bill, generally, children brought to the U.S. before age 16, have been in the country continually for at least five years and who complete two years of college or military service in good standing would qualify.