I live on a fixed income of less than 0 dollars a month. I live in public housing for seniors, and during the pandemic, I had to rely on help from my children to eat every month. I was approved for 6 a month in food stamps. A blessing! However, when you live in public housing, and then get a cost-of-living adjustment, it affects your eligibility for public benefits. In my state, the formula they use took 30% of my COLA. Then because of the COLA your food stamps can be lowered. What's the point of getting a raise? Something should change about the formula. - A.R., IL..While your Members of Congress are in their home states and districts, it is the perfect time to approach them at local events and request their support for a fair Social Security cost-of-living adjustment and other key issues.."Prior Authorization in Medicare Advantage Plans: How Often Is It Used?" Gretchen Jacobson and Tricia Neuman, Kaiser Family Foundation, October 201"Medicare Advantage Appeal Outcomes and Audit Findings Raise Concerns About Service and Payment Denials," Office of the Inspector General, Department of Health and Human Services, September 25, 2018..Major Findings.Trustees Release Annual Social Security and Medicare Reports.I started Social Security benefits in 2007 at age 62, but my retirement accounts have lost so much of their value that I'm going back to work. Will my benefits be reduced?.Opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of TSCL..Inadequate COLAs have long-term consequences for both retiree finances and health. COLAs affect the amount of total lifetime Social Security income, and that in turn affects the rate of withdrawals from retirement accounts and savings, debt levels. Adequate income in retirement also determines whether individuals have the finances to pay for supplemental Medicare health premiums, out-of-pocket costs and prescription drugs..Unlicensed loan offers through the mail, via telephone, or door-to-door. "Auto payments of per month! Interest rates as low as 2.4 APR! Keys to the door of your next car!" It's not unusual to find auto loan offers in your mailbox, but beware. Make sure any lender you work with is legitimate, and licensed.

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"The bottom line is that Medicare Part B premiums rise several times faster than COLAs, and those premiums are now high enough to cause the net Social Security benefits of millions of people to remain flat for years at a time," Johnson says. "We are at the point where this is affecting far more people than anyone ever anticipated, and it's a red flag that Medicare premiums are increasing too fast, while Social Security benefits are not adequately keeping pace," she explains..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%..[1] Combined Old-Age, Survivors, and Disability Insurance Trust Funds February 2014 Baseline, Congressional Budget Office. … Continued

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"'The Senate's immediate role is clear: we need to support the federal, state, and local public health officials and healthcare professionals who are working overtime to blunt, delay, and mitigate the spread of the virus,' McConnell said. 'The American people deserve for their Congress to meet this subject head on.'".This estimate is still just that - an estimate. The 2020 COLA is based on CPI data through September 2019 and won't be announced until October. Inflation could start going up again, but with the first five months of data so low, we are likely to see another low COLA in 2020..Running for election to Congress has become incredibly expensive and lawmakers spend a great deal of their time all year long raising money to pay for their campaigns. … Continued

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