The soda is getting warm, and I decide to put it in the fridge to keep it cold..According to the study, the 250 top selling drugs, each with one manufacturer and no competitive products on the market, account for 60% of net total Medicare Part D spending. The top 50 selling drugs, also with one manufacturer each and no competitors, account for 80% of total Medicare Part B spending..the New Deal in 1935, it was never designed to be anyone's sole means of support.Learn more about your best retirement age using Social Security website's benefit planning tools or call the Social Security Administration toll free at. Many areas of the country hold programs and workshops on retirement and benefits. Find out what is planned in your area by contacting your local senior center, library, community colleges and universities..Increase the payroll taxable maximum to cover all earnings. Currently high - income workers pay no Social Security taxes on earnings over 8,500. That means someone earning 0,000 stopped paying Social Security taxes at the end of March while middle and low - income earners continue to pay Social Security taxes on all their earnings, all year long. This one change alone would bolster both the disability and retirement program for decades to come..About 44 percent of TSCL Senior Survey respondents last year said that their Social Security benefit was lower in 2011 after deduction for Medicare premium payments. Another TSCL survey found that 44 percent of respondents also said they spent at least 0 a month on Medicare premiums and other out-of-pocket costs in 201"With the average benefit at ,100, about 17 million seniors are spending one-third of their Social Security benefit on Medicare costs, " Hyland observes..Wall Street economists are in the midst of a growing debate over whether we are in for "the return of inflation.".Get started now on a financial habit that can give you big savings for the time you invest in shopping around..According to a report in BGov News, "… younger seniors have shown a greater appetite for vaccines than their older peers. Initially, the opposite was true, as governments sent inoculation teams into nursing homes and assisted-living facilities. Recently, the numbers have flipped, adding support to the idea that some elderly residents -- especially those outside structured-living arrangements -- are simply having trouble navigating the system."

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For those planning retirement however, it is the estimated dollar amount in Social Security benefits, not the replacement rate, that what one uses to determine a retirement budget, or how much more one will need to save for retirement. When one retires, it is the actual benefit amount, not the replacement rate that one must live on. One of the most frequent requests for services received by Social Security Administration is for an estimate of benefits. While no promises of benefits are made, millions of estimates are made annually. If the rules are changed abruptly, as they were for those born during the Notch period, this leaves no time to save for the shortfalls in benefits..TSCL Believes Benefits At Stake.Who will pay for President Trump's border wall with Mexico? It's looking increasingly unlikely that it will be Mexico, and that the money may instead come out of the Social Security benefits of older Americans. The President's very first budget for fiscal year 2018 contains a request to build a border wall with Mexico. … Continued

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In the House, Representative Kevin McCarthy will take over the top post House Minority Leader for Republicans next year. Representative Steve Scalise will become the Minority Whip, and Representative Liz Cheney will hold the position of House Republican Conference Chairwoman. House Democrats, who will take over the majority in the House next year, will hold their leadership elections on November 28th, following the Thanksgiving recess..Nearly 1.6 million Americans have Type 1 diabetes, including about 187,000 children and adolescents, according to the American Diabetes Association. Patients with Type 1 diabetes cannot make their own insulin and rely on manufactured versions to survive..Recently we asked for your stories and comments on how rising prescription drug costs impact you. The following story illustrates new administrative efforts by Medicare to "educate" beneficiaries about their options for less expensive prescription meds, by sending out letters listing lower cost medications. The question we need to ask our lawmakers is why is this necessary? Does the Center for Medicare and Medicaid Services believe we are impoverishing ourselves by using more expensive drugs if a less expensive alternative was effective, to begin with? Unfortunately, sometimes the older, less expensive drugs don't work as well, and with metastatic cancer drugs, quality of life can be at stake. Our sincere thank you to Janice S. a retiree living in Illinois, for sharing the following. … Continued

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