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What's Secretly Sabotaging Your Finances? - Your Brain.Highly recommended reading: "How To Make Your Money Last, The Indispensible Retirement Guide," Jane Bryant Quinn, January, 2016..Print H.R. 46, Social Security Safety Dividend Act If adopted, H.R. 46 would ensure that seniors, veterans, and people with disabilities who receive Social Security and certain other federal benefits receive a 0 payment in the event that no cost-of-living adjustment is payable in a calendar year..With Medicare Part B premiums growing several times faster than COLAs, premiums routinely offset a significant portion of the annual inflation boost. This, in turn, causes retired households to draw down savings more rapidly than planned, and many retired households to carry growing amounts of debt. Lower income households may go without adequate food, medically necessary health services, and to postpone filling prescriptions..The "Notch" refers to a disparity in benefits that resulted when Congress changed the Social Security benefit formula in 197The changes affected seniors who became entitled to Social Security just two years later. The group born from 1917 through 1926 are known as "Notch Babies" because they receive lower Social Security benefits than other individuals with similar earnings histories..Shortly after the ruling was issued, Homeland Security Secretary Jeh Johnson said his department would not begin accepting applications for the deferred deportation program on Wednesday as scheduled. The program would have allowed an estimated 330,000 illegal immigrants to apply for work permits and deportation deferrals. Secretary Johnson also said the administration will suspend May plans to begin accepting deferred deportation requests from the parents of U.S. citizens. In total, the two programs would have delayed the deportation of more than 4 million illegal immigrants..The provision would ban earnings from jobs worked without legal authorization from being used to determine entitlement to Social Security benefits and for calculating the amount of initial benefits, legislation that TSCL and TSCL's grass roots members have long supported. TSCL's Legislative Assistant, Jessie Gibbons delivered a letter from Chairman, Larry Hyland, expressing TSCL's support for the amendment to Senators Hatch and Rubio..Addressing the Part A shortfall will be particularly difficult and contentious for everyone. To bring greater solvency to the HI trust fund, lawmakers will be faced with the politically unpalatable choices of reducing Medicare spending, which could include requiring that Medicare recipients pay more for their coverage and increasing the tax revenues received by Medicare. Congress last addressed Medicare Part A finances in the 2010 Affordable Care Act which, among other things, required hospitals to become more efficient in their delivery of care, while requiring that higher income workers pay a higher Medicare payroll tax rate..Last week President Trump announced he will once again ask Congress to pass more economic stimulus legislation that he insists must include a payroll tax cut. In other words, he wants to cut the amount of money that is paid into Social Security and Medicare by today's workers the money that funds the checks sent out to those who receive payments and pays for the health care of seniors each month.