Health Conditions And Treatments Eat Healthy Main Dishes Moroccan Chicken With Sweet OnionMany Members of Congress will schedule town halls throughout the month of August, giving voters the opportunity to voice their opinions..The Social Security Administration announced today that the 2020 COLA will be just 1.6 percent, continuing the worrisome trend in which COLAs have averaged just 1.4 percent from 2000 to 20"Adequate COLAs are critical to retirement security," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League. "Social Security is one of the only types of retirement income that provides this essential protection against rising costs. "When a retiree's costs rise faster than their COLA, the buying power of Social Security benefits erodes, leaving people with a benefit that doesn't go as far as it did when they first retired," Johnson notes. According to research by Johnson, Social Security benefits have lost 33 percent of buying power since 2000..This week, the Social Security and Medicare Trustees released their annual reports on the financial health of the programs. In addition, Senator David Vitter's Notch Fairness Act and Representative Buck McKeon's Social Security Fairness Act each gained one new cosponsor. … Continued
Somali Health Information Pregnancy And Childbirth Tirada Dhaqaaqa Uur JiifkaTSCL believes that legislative changes that would switch to the chained CPI and cut COLAs will be a key feature of deficit reduction talks and plans that become public after the November elections. You can help! Sign TSCL's Social Security Fairness Petition online or call to have a petition mailed to you..Higher benefit costs may not be a financial choice for the majority of seniors. Half of all survey respondents report spending 11% to 33% of their Social Security benefit on healthcare costs, and another 22% reported spending 34% to 50% of their benefit. The following table illustrates how respondents answered..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