Interest on a home mortgage on loans up to million if you signed your mortgage prior to December 15, 2017, or up to 0,000 on loans signed after that date..Senator Bernie Sanders introduced S. 99 on January 10, 201It has since been referred to the Committee on Finance..Does TSCL.Notch Bulletin: How Much Less Do Notch Babies Receive? Recently one of our readers asked “Is there a percentage as to how much less NOTCH BABIES receive monthly?” Although not many studies exist, according to one study of average earners born from 1917 through 1926, the disparity in benefits with other retirees seems to average about 26%..The main source of funding for Social Security comes from the payroll taxes that workers pay into the program. But there are two other sources of revenues: taxes that retirees pay on their Social Security benefits, and the "interest" earned by the "I.O.U.s" held by the Social Security Trust Fund..Will money borrowed from the Social Security Trust Funds be repaid in full?.While the bill did win approval by the Appropriations Subcommittee this week, its future remains uncertain. Typically, bills that are advanced by Appropriations Subcommittees on Tuesdays are considered by the full Committee on Thursdays. However, the Labor-HHS-Education bill is not currently on the schedule, and Sen. Tom Harkin Chairman of the Subcommittee has said "there are no plans" for a full Committee markup. Some are speculating that, with the November elections looming, lawmakers are hoping to avoid the politically tough votes on amendments that come along with Labor-HHS-Education spending packages..According to ModernHealthcare.com, "Congressional Democrats are hoping to pass a slew of healthcare priorities later this year aimed at expanding access to coverage and making it more affordable for patients..Compounding the problem, it's also common for people close to retirement to underestimate medical expenses. Four-out-of-ten participants in the Nationwide survey did not expect to spend any of their Social Security income on healthcare. The Social Security Administration, however, automatically deducts the Medicare Part B premium, which is 4.00 per month in 2018, from Social Security benefits. Medicare Part B premiums have been the fastest rising retiree cost over the past 18 years..On Wednesday, Congressman John Garamendi introduced the Consumer Price Index for Elderly Consumers Act at a press conference with several advocates for older Americans, including TSCL. If adopted, his bill would base Social Security COLAs on a more accurate measure of inflation using the CPI-E. Currently, they are based on the way young workers spend their money using the Consumer Price Index for Urban Wage Earners.

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That's a common misconception. According to estimates from the Social Security Administration's Chief Actuary, three-quarters of "other-than-legal" immigrants have payroll taxes withheld..Compare details carefully: When making health plan benefit comparisons, closely examine the co-payment structure between plans. Your lowest costing plan may not be the best deal if you have health conditions like diabetes, or cancer that require trips to specialists, and pricey outpatient services like CT scans. Refer to your 2012 medical expenses to give you an idea of what the costs would be under alternate plans..For progress updates or for more information about these and other bills that would strengthen Social Security and Medicare programs, visit the Bill Tracking section of our website or follow TSCL on Twitter. … Continued

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Employment assistance.I recently read that if retirees got higher cost-of-living-adjustments some low-income people would lose eligibility for Medicaid, food stamps, and other benefits. Would using a senior consumer price index to determine the annual raise really do this?.Key witnesses such as Mr. Richard Nance, Director of the Utah County Department of Drug and Alcohol Prevention and Treatment, advocated in favor of expanding telemedicine to treat those afflicted with addiction. Other witnesses such as Dr. Andrew Kolodny of Brandeis University warned that doctors need further education on safe opioid prescribing, and that it should not be influenced in any way by parties that benefit from the sale of opioids. … Continued

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