The Obama Administration along with many private corporations like Hewlett-Packard and Walgreens announced several other new projects that will aim to improve the lives of seniors at Monday's conference. For more information, check out the White House's Fact Sheet that summarizes each one..Recently the TREA Senior Citizens League Board of Trustees traveled to Capitol Hill for a week filled with meetings. The Board was able to meet with 7 Congressional offices, including one drop-by visit with Chief of Staff Kevin Kimble and Legislative Assistant Yadira Castellanos in the office of Rep. Charles Gonzalez. Among the topics discussed were Notch Reform, anti-totalization measures, prescription drug costs, and the consumer price index for elderly..If your brother was a victim of auto dealer fraud, you may want to look for an attorney who would be willing to work on a contingency basis. If fraud is proven, your brother may be allowed to surrender the unwanted vehicle and the court may order a refund of all payments made toward purchase in addition to canceling any outstanding loan balances. If your brother will have trouble affording an attorney, contact your local Area Agency on Aging or senior services department and ask about legal aid services in your area..Recently we received the following example:.I put the soda on the window ledge and discover my reading glasses that I've been searching for all morning..Representative Dan Lipinski introduced H.R. 2787 on May 16, 201It has since been referred to the Committee on Education and Labor.."The measure would generally limit surprise billing in the following circumstances:.According to a report in Bloomberg Government News, "Centrist Democrats in the House are pushing to shrink their party's health-care wish list to focus more on low-income Americans, a move backed by industry groups including dentists who say a narrower focus is better policy..New Co-Sponsors Added to Key Bills

Private Insurance Issue Brief How Aca Marketplace Premiums Are Changing By County In 2021

With people living longer, retiring too early means potentially leaving tens of thousands in retirement income behind. Who can afford to do that? If you haven't started benefits yet, beware of the anchor effect, and remember that age 70 is the age to get your maximum retirement benefit. Individual circumstances vary though. It's a good idea to get professional help if you can, to take your time to learn about your benefits, and to decide the best age for you to start benefits. This is an important decision. It pays to take your time. To learn more about the "anchor effect," read "What Was I Thinking?".Would it Be Advantageous for Me to Take a Divorced Spouse Benefit?.It's hard to plan your optimal retirement age without a realistic idea of what to expect in lifetime Social Security income. Yet, according TSCL's 2017 Senior Survey, 71% of survey participants said that's exactly the situation they were in when they filed a claim for Social Security benefits. They did not know, and Social Security did not supply any estimate of what they could expect in total lifetime Social Security income based on their choice of retirement age. … Continued

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According to Bloomberg News, "The bipartisan agreement is between the top Democrats and Republicans on the House Energy and Commerce, Ways and Means, and Education and Labor committees, as well as the leaders of the Senate Health, Education, Labor and Pensions Committee..Lifting the maximum taxable wage cap so that wealthy individuals pay Social Security taxes on more of their income. Currently, annual income over 8,500 is not subject to the payroll tax..This issue gets considerable attention from Members of Congress and the media. These findings are a huge red flag that the standard of living of older Americans is eroding, and this is true not only for lower income households, but for all retirees, because healthcare costs are growing much more rapidly than COLAs. To provide greater retirement security, Social Security benefits need to be boosted, and Medicare cost increases need to be slowed in a way that saves billions without cutting benefits. The Senior Citizens League is supporting the Emergency Social Security COLA for 2021 Act, which would replace the 1.3 percent COLA with a more adequate 3 percent COLA in 202How were you affected by healthcare costs in 2020? Please take our TSCL's 2021 Senior Survey. … Continued

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