I decide to go through the mail before I wash the car.."Auxiliary Beneficiaries Who Do Not Have Their Own Social Security Number," Social Security Administration Office of the Inspector General, September 2014, A-01-14-14036..7 Questions That Must Be Addressed About Social Security.Alexandria, VA majority of Social Security recipients would have to raid retirement savings or use a line of credit to meet even relatively modest financial emergencies, according to a new poll by The Senior Citizens League. When retirees were asked how they would raise ,000, 49 percent of respondents said they would take money from savings and another 30 percent said they would use a line of credit or borrow..The following Members of Congress, among many others, will be holding town hall meetings in the days ahead: Reps. Eric Swalwell, Susan Brooks, Gary Palmer, Lamar Smith, Bruce Westerman, Randy Hultgren, Eleanor Holmes Norton, Marc Veasey, and Ed Perlmutter..Medicare Advantage plan cuts. So far, seniors have not been widely affected by cuts to Medicare Advantage plans, but many of the changes in reimbursements to plans have not yet taken effect. TSCL remains concerned that the reimbursement cuts would cause plans to drop extra benefits like eyeglasses and hearing aids that they now provide. Of greater concern is whether plan payments will be adequate for insurers to maintain their contracts with Medicare to provide services. When Congress cut plan payments too deeply in the past, insurers pulled out of markets all over the United States, leaving millions of seniors scrambling to find another health plan - most often at higher out-of-pocket cost..Compare the least expensive way to buy. - No matter how you buy it, fresh, frozen, or canned, most fruits and vegetables tend to be sold by the pound A more accurate price for comparison is the cost per serving. For example, part of the weight of canned goods is packing liquid and as a result most have fewer servings per pound than fresh or frozen counterparts..If she delays until age 70, she'll receive ,226 more because of the Social Security delayed retirement credit. Her starting benefit will be ,980, she will receive 0,891 over her retirement, and her final monthly benefit would be ,417..With both chambers of Congress adjourned, the 113th Congress has officially come to a close. Lawmakers are expected to return to Capitol Hill on Monday, January 5th, to begin the first session of the 114th Congress. TSCL looks forward to working with both new and veteran lawmakers in the New Year, and we will continue to advocate tirelessly on behalf of our members and supporters in 2015.

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Reps. Steven Rothman and Michael Michaud signed on to Rep. Charlie Gonzalez's CPI-E Act. The co-sponsor total is now at 33..The Supreme Court has agreed to hear another Obamacare challenge in February or March. The outcome could have enormous financial impact on millions of people who purchased their health insurance through, the online federal health insurance exchange..This week, TSCL saw support grow for three bills in the House and one bill in the Senate. First, two new cosponsors signed on to the bipartisan CREATES Act of 2017, bringing the total up to nine. The new cosponsors are Representative Carol Shea-Porter and Representative Francis Rooney. If signed into law, the bill would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly. … Continued

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Don't expect much growth in Social Security benefits next year. According to consumer price index data, Social Security and other adjusted benefit payments will probably stay pretty flat. With the Social Security Administration getting ready to announce the 2014 cost-of-living-adjustment on October 16th, the COLA looks like it will be in the vicinity of 1.7%. That would raise average monthly benefits of ,157 by just .70..Currently there is a 2% tax cut on the Social Security payroll tax workers pay. That tax cut is due to expire December 31, 201Do you favor a further extension, and if so how would you pay for it?.Thus the new formula went into effect almost immediately for most people and is one reason why retirees born over the ten-year period of 1917 through 1926 were affected, not only those covered by the five-year phase-in. In addition, the economy did not perform the way Congress and the Social Security Administration assumed it would under the new benefit formula. Slower than anticipated wage growth, and higher than expected price inflation, resulted in even greater benefit reductions than under original assumptions. These economic conditions persisted for a decade, thus affecting those born over a ten-year period. … Continued

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