How can we strengthen Social Security's financing structure? Take TSCL's 2020 Senior Survey and let us know what you think about some of the leading proposals and thank you for your participation..For more information or to view a list of cosponsors, click here..Since 1893, the Senate has observed Washington's birthday by selecting one of its members to read Washington's Farewell Address. The assignment alternates between members of each political party. At the conclusion of each reading, the appointed senator inscribes his or her name and brief remarks in a black, leather-bound book maintained by the secretary of the Senate..Retirees and disabled Social Security beneficiaries generally have different spending patterns than younger workers. Retirees spend less on gasoline, and a greater portion of their incomes on healthcare costs and housing. The lack of a COLA means that if other costs like prescription drugs increase, retirees have to dig deeper into their Social Security or savings..We must provide the basic benefits that our seniors count on, regardless of the ups and downs of the economy. In addition to my legislative proposal, I co-sponsored Congressman Earl Pomeroy's Seniors Protection Act, which would have provided a 0 payment to help beneficiaries cover rising costs of Medicare, prescription drugs, and other necessaries. Unfortunately, despite the President already budgeting for it, the House of Representatives did not enact this one-time payment to seniors, veterans, and people with disabilities who receive Social Security to help them make ends meet during this tough time. This payment would have assisted those 54 million vulnerable individuals nationwide. However, this would have been just a short - term solution to the lack of COLA. I will continue to fight to make sure that Congress passes a long-term solution to the manner in which the COLA is calculated..My brand name drug is supposed to go generic this year. Will my drug plan cover the generic and if so will I be notified?.Patients would have to sign a consent form acknowledging they've been given written notice with the information and informed that the charges may not accrue toward any plan limitations..Until then, many Members of Congress will be holding town hall meetings to address the questions and concerns of their constituents. TSCL encourages its members and supporters to attend these town halls and to ask questions of their elected officials about important Social Security and Medicare issues, like the following four….Better Donut Hole Coverage - Higher Taxes Ahead

Chill Week Helps Coon Rapids Teens Stress Less

From a tax perspective, your distributions from a traditional IRA or 401 are 100% taxable, while distributions from a Roth IRA or 401 are not taxable. Up to 85% of Social Security benefits may be taxable but, for many people, the taxable percentage is much lower..Social Security provides at least half the income for 65 percent of seniors..The Chairman rightly pointed out that Prescription Drug Monitoring Programs and other online drug tracking systems can ensure that patients are only receiving the drugs they need. Senator Michael Bennet agreed that digital record keeping databases can help limit opioid prescriptions, and cited his new bill that would mandate electronic prescribing for all opioid medications prescribed to Medicare Part D beneficiaries. … Continued

Medicare Advantage In 2021 Enrollment Update And Key Trends

Petition to Congress in Support of Social Security Notch Reform.This week, the implementation of President Obama's recent immigration orders was halted by a federal court ruling. In addition, The Senior Citizens League announced its support for one new piece of legislation..Elizabeth Curda of the Government Accountability Office explained that the operating system for filing and processing these claims was built in the 1950s and requires .1 billion just to maintain, not to improve, the system. Max Stier from the Partnership for Public Service said: "We have a legacy government that hasn't kept up with the world." … Continued

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