Penny George Institute For Health And Healing Community And Workplace Wellness Community And Workplace Wellness Healthy Lifestyle Programs And ClassesThis issue has just popped up and TSCL will be in contact with members of Congress to do all we can to prevent these looming cuts and we will keep you advised as to how things are going..For people with incomes less than ,000, the monthly Medicare Part B premium in 2017 is 4, and Medicare Trustees expect it to stay at that amount in 201But the vast majority of retirees are paying a Part B premium that's far lower than 4 - about 0 or less - due to a special provision of law that protects Social Security benefits from reduction when Medicare Part B premiums rise more than the COLA raises benefits..punitive tax penalty. … Continued
Services Medical Center EntUnder growing pressure to reduce the federal debt, Congress is considering a new Medicare proposal that would shift the risk of rising costs that outpace spending targets set by the government to seniors and the disabled. The proposal comes from a key recommendation of President Obama's Fiscal Commission..House Speaker Nancy Pelosi said in a statement that the House would push for the deal to be included in a year-end legislative package. However, Senate leaders haven't signed off on the deal, according to a committee aide..Joe sees a solution for low COLAs and Social Security's long-term solvency issues. Currently the highest paid employees, including CEO of top U.S. companies only pay Social Security taxes on the first 2,900, even when they pull in multi-million dollar salaries. "The future of Social Security would be brighter, if the taxable maximum earnings to which the Social Security payroll tax is applied would include the high earners," Joe says. … Continued