By: Jessie Gibbons, Legislative Analyst.Despite the coronavirus emergency, TSCL is continuing its fight for you to protect your Social Security, Medicare, and Medicaid benefits. We have had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf..Someone has left it on the kitchen table..2020 Presidential Candidates' Views on Social Security."We write to express our concern and alarm about the dramatic increase in problems with mail delivery that are being experienced by constituents across Maryland. Based on the reports and information we have received; these delays appear to be the result of delayed processing times and staff shortages..With Inflation Dropping - Low 2013 COLA Forecast.Lifting the maximum taxable wage cap so that wealthy individuals pay Social Security taxes on more of their income. Currently, annual income over 8,500 is not subject to the payroll tax..According to a March analysis of an earlier version of the bill by the CBO, the legislation would restructure Medicaid safety net by capping costs. "This would have a profound impact on low-income Medicare beneficiaries," Johnson says. About 1 in 5 people on Medicare, 11 million beneficiaries in all, have incomes so low that they qualify for Medicaid, according to the nonpartisan Kaiser Family Foundation..So, I decide to put the bills back on the table and take out the trash first.

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"When we raise prices, they mess with people's ability to make good decisions about their health," said Ziad Obermeyer, co-author of the study and associate professor of health policy and management at the University of California at Berkeley. "Those decisions lead to more people dying - health costs need to be priced into these cost-sharing policies.".Social Security Benefits for Noncitizens: Congressional Research Service, July 20, 2006, RL32004..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. … Continued

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Pay off an existing mortgage. When you make additional principal payments on an outstanding mortgage balance, the lower balance will save you interest expense. If you have an amortized fixed-rate mortgage, the monthly amount of the payment doesn't change. With the additional principal payments the loan balance declines and more of your monthly payment goes toward the repayment of principal. You will repay the loan faster than the stated loan term on your contract. You can find mortgage calculators online, to help you determine how extra principal payments reduce your mortgage interest expense and the remaining loan term. When considering pre-paying your mortgage, consider the rates of return. If you were to save the extra cash in a savings account or CD, your rate of return currently is quite low and prepaying your mortgage may give you a better return based on the interest rate of your loan. Financial advisors, however, generally recommend that you pay off your mortgage out of income, and not cash from your retirement accounts. Your retirement accounts provide you with a savings cushion, that most seniors will need later in retirement, and they are protected from creditors..After a rare bipartisan agreement, President Obama signed a bill into law that will extend the payroll tax break and unemployment benefits, and prevent a 27% pay cut to Medicare physicians. The President signed the measure into law in private on Wednesday, after celebrating the passage of the bill at an event on Tuesday..Check with your Medicare health plan, supplement, or other insurance - like coverage through an employer. Often your insurer can tell you why a bill has been denied, and, more importantly, what you need to do to get the bill paid. … Continued

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