People who are already retired, or close to it, aren't able to make adjustments to retirement plans if benefits are abruptly cut..Mortgage rates and home costs have been at historic lows in 2012, but buying or selling a home is complicated for anyone - and seniors have special issues. Depending on your financial situation and needs, here are some points to consider:.Editor's note: Telephone etiquette has changed! Ask around, and you'll probably discover that many people are letting their voice mail or answering systems screen calls. This is no longer considered rude - but acting in self - defense. Protect yourself from scam. Be defensive:.This study has found that Social Security benefits tend to lose buying power over time, because prices of the goods and services most frequently purchased by older Americans tend to increase more quickly than the COLA. In this year's study, price data indicate that Social Security benefits lost 30 percent of buying power since 2000. The 2020 findings represent an improvement in benefit buying power of 3 percentage points from January 2000 through January 2020. Several items came down in price, particularly electricity, as well as a few food items including fresh fruits and vegetables..As with Social Security and Medicare long-term viability, reducing the high costs of drugs is also at the top on TSCL's agenda this year. These are complicated problems but Congress must find a way to deal with them and TSCL will be fighting for you as these debates continue..Failing To Lift The Debt Limit Would Put Social Security Checks On Hold.If Social Security benefits don't increase, while senior costs continue to climb, that would take a big chunk out of the spending power of retirees' Social Security benefits. The majority of Medicare beneficiaries have their Part B premiums automatically deducted from their Social Security benefits, and nearly 7 million have Part D and Part C Medicare Advantage premiums automatically deducted as well. Seniors would end up with considerably less Social Security to live on in 2010 after paying the rising out-of-pocket Medicare costs, leaving less to cover other rising costs..Enrollment period, so you can allow for a trial period with any new meds. When."Medicare And The Federal Budget, Comparison of Medicare Provisions," Kaiser Family Foundation, March 2013.

Interactive How Does Where You Work Affect Your Contraceptive Coverage

Here are three things you can start doing right now to lower your Medicare costs.Compare the least expensive way to buy. - No matter how you buy it, fresh, frozen, or canned, most fruits and vegetables tend to be sold by the pound A more accurate price for comparison is the cost per serving. For example, part of the weight of canned goods is packing liquid and as a result most have fewer servings per pound than fresh or frozen counterparts..everything just crashes. By the time we turn 65 and eligible for Medicare, … Continued

Interactive How Does Where You Work Affect Your Contraceptive Coverage

The Senior Citizens League enthusiastically supports H.R. 1251, S. 1909, and H.R. 4704, and we will continue to advocate for their passage in the months ahead. For more information, visit the Bill Tracking section of our website..The Senior Citizens League understands that Social Security beneficiaries today cannot afford any cuts to their benefits. Since 2000 alone, their benefits have lost 23% of their purchasing power. Instead, to improve the financing of the Social Security trust fund, TSCL is urging lawmakers to strengthen the program responsibly without benefit cuts..Just days remain before voters across the country will elect 435 lawmakers to the U.S. House, 34 to the U.S. Senate, and one new president to the White House. By now, most registered voters have a good idea who they will vote for on November 8th. But how much do you really know about the party positions? Before heading to the polls on election day, TSCL recommends taking one last look at the platforms that were adopted by the Democrats and the Republicans earlier this year. Here are the Social Security reform positions laid out by the two major political parties at their conventions back in July. … Continued

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