Study Shows Benefits Of Covid 19 Vaccine For Pregnant Mothers NewbornsAdvisor editor Mary Johnson estimates that using the chained CPI would cut lifetime Social Security benefits by about 7% over 25 years. New retirees with an average benefit of ,100 in 2010 would receive about ,634 less over a 25-year retirement period. "The financial impact is deceptive, appearing small at first," says TSCL Executive Director, Shannon Benton, "But the cuts compound over time, growing deepest when seniors are the oldest and sickest. By the time seniors are in their late 80's or 90's, when they are most likely to have chronic health problems, monthly benefits would be about 5 lower using the chained CPI.".Without a doubt, the idea of starting Social Security benefits before you reach your full retirement age has strong appeal. But consider this: statistics indicate that about half of today's working age households who are close to retirement age will not be able to maintain their standard of living in retirement..Gradually Raising the Payroll Tax Cap: The payroll tax cap has not kept pace with changing income patterns over the past few decades, so it makes sense to adjust the maximum taxable wages to realign them with the originally intended level. Gradually raising the cap to cover 90 percent of the nation's taxable earnings by 2050 would allow it to once again represent the same percentage of that figure that it did as recently as the early 1980s. … Continued
Cambridge Medical Center Medical Center OverviewThe study, which was conducted by the National Bureau of Economic Research, found that a Medicare beneficiary paid 25% of the price of their branded drugs until they reached ,510 in total annual out-of-pocket spending. The patient then fell into the "donut hole" and had to pay for the full cost until they hit ,726, after which they were responsible for a 5% copay..To read our full recommendations to Congress or for more information on the recent budget deal, visit our website at..Lawmakers Remain in Recess … Continued
