Energy The Growing Role Of Energy Storage In Clean Energy PolicyThus, under this hypothetical legislation, benefit obligations could not be met after the depletion of the asset reserves and elimination of payroll taxes. If this hypothetical legislation were enacted, with no alternative source of revenue to replace the elimination of payroll taxes on earned income paid on January 1, 2021 and thereafter, we estimate that DI Trust Fund asset reserves would become permanently depleted in about the middle of calendar year 2021, with no ability to pay DI benefits thereafter. We estimate that OASI Trust Fund reserves would become permanently depleted by the middle of calendar year 2023, with no ability to pay OASI benefits thereafter..TSCL Meets With High-Ranking Senate Leader.TSCL's annual Senior Survey asks how much you spend per month on all healthcare costs. Participants are asked to include not only premiums for Medicare Part B, and Part D as well as out of pocket costs for each, but also premiums for Medigap or Medicare Advantage plans, as well as all out-of-pocket spending on doctor visits and services, as well as dental and optical exams, glasses and hearing aids. … Continued
Air Quality Alert Casts Pall Over MinnesotaLike all things tax-related, it's important to estimate income accurately. Estimate too low and you may wind up having to repay those premium subsidies in higher taxes. Taking too low a subsidy may mean paying substantially more in premiums, but a bigger tax refund. If you take the tax credit in advance, changes to your income or family size could affect your health insurance subsidies and you will need to report those changes during the year. You can also opt to take a partial subsidy to both lower the premium and avoid repayments if your income fluctuates..On November 20, 2014, President Obama announced sweeping action that would allow up to 4.9 million undocumented immigrants who have lived in the United States for at least five years to apply for protection from deportation, and to work legally in this country - at least temporarily. Legal work authorization means the government would issue valid Social Security numbers to those who qualify for the program..This week, Members of Congress remained in their home states and districts for the week-long holiday recess. In the days ahead, many will be hosting town hall meetings to discuss important legislative issues with constituents. … Continued