Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan?.The Senior Citizens League supports legislation The Social Security 2100 Act, H.R. 1391, introduced by Representative John Larson, that would adjust the income thresholds to ,000 for single filers and 0,000 for joint filers, and replace it with other sources of revenue..Higher taxes and reductions to benefits are expected to top the discussions of the next Congress. If we intend to protect our Social Security and Medicare benefits, it's going to be up to us to play a major role in crafting the solution. We're out of time for partisan stand offs. This is not an "us versus them" situation. This is a "we" as in "we are all in the same boat." Please join TSCL in helping to be part of the solution. To learn how you can take part click the links to: sign a petition, make a donation, or become a member of TSCL..TSCL Endorses New Legislation.Most Americans contribute 6.2% of every paycheck to Social Security, but due to the taxable maximum earnings cap, wealthy individuals earning more than 8,500 pay nothing above that amount. Do you support increasing or eliminating the maximum taxable earnings limit to make the program more solvent?.But she worries how she will manage another year with no net increase in her benefits. "This isn't right," she says. "Congress isn't looking out for the interests of seniors," she adds. "I'm going farther and farther into poverty.".This year, on Tuesday, February 16, Sen. Rob Portman of Ohio, will be reading Washington's address. Portman has announced that he will be retiring from the Senate when his term expires next year..The Social Security 2100 Act would strengthen the program's financing by:.By working longer, you may have access to employer-provided health

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This year we celebrated the 50th anniversary of Medicare. Signed into law by President Johnson on July 30, 1965, Medicare has proven itself to be an American success story. At the time of enactment, only half of America's seniors had health insurance, leaving an already vulnerable population one illness away from financial ruin. Medicare ensures that seniors will get the health coverage they worked a lifetime for. It provides seniors and their families with peace of mind and allows all Americans to age with dignity. In my home state of Pennsylvania alone, over 2.3 million seniors rely on Medicare for their health coverage..The hold harmless provision kicks in when the dollar amount of an individual's Medicare Part B premium rises more than the dollar amount of an individual's COLA adjustment to prevent a reduction in Social Security benefits. The provision applies to individuals with incomes below ,000, and whose Medicare Part B premium is automatically deducted from their Social Security benefits. Johnson estimates that about 35.5 million Social Security recipients were held harmless in 2016 and 201"People who have been held harmless in both those years are paying premiums that are roughly 8 per month in 2017 on average, a difference of about from the current 4 premium. However, for many of those people, especially those with below - average Social Security benefits, the 2018 COLA won't be high enough to cover the full 4 Part B premium..In our analysis, it appears that this new program adds layers of complexity and apparently will drive up the overall costs of everyone enrolled in the Part D plans that participate in this. … Continued

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To help protect the buying power of earned benefits, The Senior Citizens League is fighting proposals to cut COLAs. TSCL has developed an online calculator for the public to learn how much a COLA cut would cost in Social Security income. Visit seniorsleague.org/chained-cola-calculator/..serious or whether it's just a "natural part of growing older," which in any.A balanced budget amendment to the constitution might sound like a good idea on the surface, but when the details are examined, it could be disastrous for programs like Social Security and Medicare. The Senior Citizens League tirelessly advocated against its adoption when it was considered earlier this year, and because lawmakers aren't giving up on it anytime soon, we aren't either. … Continued

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