Although Social Security recipients didn't receive an annual cost of living adjustment this year, many are reporting that their costs are rising, and household budgets are getting squeezed, says The Senior Citizens League. Donna C. of New York, recently wrote to TSCL saying, "No inflation? Are you serious? What about the price of electricity, food, drugs, local taxes? All, going up. We can barely survive now, and you say there's no inflation? Who figures this stuff out and who decides?" she asks..By Mike Watson, TSCL Legislative Assistant.While you may be familiar with the problem of our government using a price index that reflects the inflation experience of younger workers rather than retired people over the age of 62, you quite likely have not heard very much about the specifics of how our government calculates price indexes. What the average person thinks of as a straight - forward mathematical calculation, the federal government can approach in convoluted ways..To help make the right saving and distribution decisions, get professional advice from professional financial advisors..TSCL does not give money to campaigns for political office and in one way that puts us at a disadvantage as compared with the big corporations. But we have something they do not have: YOU..Economic forecasts for 2013 warn of a financial crisis ahead. Nobody is feeling it more acutely than seniors living on fixed incomes. Retirees and disabled adults won't see much of a cost-of-living adjustment increase in benefits this year. At 1.7%, the 2013 is one of the lowest ever paid, not counting 2010 and 2011 when no COLA was payable at all. Timing couldn't be worse..Nearly 1.5 million teachers and other public servants see their Social Security benefits reduced by as much as 40% due to the Windfall Elimination Provision. What do you feel should be done about this?.Social Security Taxation Question Pushes Action on "Boost Bill" Into 2020.But I was wrong.

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If you have not been offered affordable insurance through your employer, you are not receiving Medicare, and you purchase your own health insurance coverage, you may be among those who have the most to gain from shopping for health insurance on the new health insurance exchanges. Depending on your income, you may be eligible for new premium subsides that would cover part of the cost of your health insurance premiums. The exchanges are now open for comparing health insurance coverage that becomes effective January 1, 2014..TSCL Releases Results of 2013 Senior Survey.After Surgery What Can I Do About Unexpected Bills? … Continued

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"The new aspect of this study of memory loss in the elderly is that it examines silent strokes and hippocampal shrinkage simultaneously," said study author Adam M. Brickman, PhD, of the Taub Institute for Research on Alzheimer's Disease and the Aging Brain at Columbia University Medical Center in New York..partnership programs available in several states..The benefit that you are entitled to receive on your own work record is less than the benefit you would receive on your ex-spouse's work record. … Continued

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