Minneapolis Heart Institute Programs And Services Genetic Arrhythmia CenterEliminating the "cash cliff" that hits when a disabled beneficiary earns more than ,090 in any given month and is immediately cut off from benefits. The cash cliff serves as a workforce disincentive and could be addressed by simply adopting the method used in the retirement program, where monthly benefits are reduced by for every in earnings over ,310, thus providing an improved earning opportunity..This week, lawmakers returned to Capitol Hill to begin the "lame duck" session of Congress. Those in the Senate plus Republicans in the House held leadership elections for the 116th Congress. In the Senate, key leadership positions will remain largely unchanged in 201Senator Mitch McConnell will once again serve as the Senate Majority Leader, while Senator Chuck Schumer will remain the Minority Leader in the 116th Congress..Social Security checks in 2020 are almost 20 percent lower than they otherwise would be, due to the long term impact of extremely low annual inflation adjustments, according to a new analysis from The Senior Citizens League. This analysis comes as the Social Security Administration announced today that the 2021 cost of - living adjustment COLA will be just 1.3 percent, making it one of the lowest ever paid. … Continued
Medicare Part D A First Look At Prescription Drug Plans In 2019At the hearing the top Republican on the committee, Steve Womack of Arkansas and other Republican lawmakers said that Congress will need to limit the growth of Social Security, Medicare and Medicaid, which they referred to as "major mandatory programs.".Mortgage rates and home costs have been at historic lows in 2012, but buying or selling a home is complicated for anyone - and seniors have special issues. Depending on your financial situation and needs, here are some points to consider:.A question to ask yourself is how long you plan to stay in the home, and how many years remain on your current mortgage. If your current mortgage only has 10 or 15 years left to go, refinancing is likely to result in higher lifetime interest costs. When you get a new loan, most of the charges in the early years go towards interest costs. But if you only have a few years left on your current loan, you have moved past that stage and are making progress toward paying off your loan balance. If you refinance now, you start over from scratch. … Continued