More About The Kaiser Family FoundationThe Senior Citizens League was pleased to see support continue to grow for several of its key bills this week, and we thank the new cosponsors for their support. In the months ahead, we will continue to advocate for the passage of the Social Security Fairness Act, the Social Security 2100 Act, the Fair COLA for Seniors Act, and get adoption of legislation that would lower the cost of prescription drugs..Deaths related to COVID-19 were higher among American Indian and Alaskan Native persons, Hispanics, Blacks and Native Hawaiian and Pacific Islander persons than whites. Among nearly all these ethnic and racial minority groups, the COVID-19 related deaths were more than double the death rate of non-Hispanic white persons..Before we get into the rules for your wife, let's double-check your situation. If your wife recently stopped working, you should check your enrollment in Medicare Part B right away in order to avoid a Part B late enrollment penalty. … Continued
Blog March Madness Illinois And Pennsylvania Budgets Nine Months OverdueOn Tuesday, the Social Security Administration announced that beneficiaries will receive a 0.3 percent cost-of-living adjustment in January the lowest Social Security COLA ever paid. It will increase the average monthly benefit by just around five dollars, and it is likely to be offset completely by increased Medicare Part B premiums..TSCL opposes these new provisions because we feel strongly that seniors should not be required to cover the cost of the poor policy-making decisions that were made by Congress nearly twenty years ago, when lawmakers first created the SGR. According to the non-partisan Kaiser Family Foundation, Medicare beneficiaries will automatically contribute billion in Part B premiums over the next decade to repeal and replace the SGR. TSCL believes any additional cost-sharing including the two new provisions will be unduly harsh..Keep in mind that this is not a comprehensive list or tax advice, but provided to give you an idea of the steps you need to take to learn how to reduce your tax bill. TSCL strongly recommends that you get help preparing your taxes from a tax professional who can explain your options and get you every tax break to which you're entitled to. … Continued