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Don’t Let Social Security Shut Down Your Retirement
One of the biggest concerns Americans have about the government shutdown is whether it will affect their Social Security benefits. With millions of retirees relying on that income to make ends meet, any disruption in payments could have catastrophic impacts…
D.C. Stalemate Imperils Social Security Payments
The reduction in spending caused by the federal government shutdown may not have a major effect on the U.S. gross domestic product, but the unresolved federal debt ceiling debate could make it impossible for the U.S. Treasury to make Social Security payments…
Social Security’s life expectancy debate
For the past decade, the Congressional Budget Office (CBO) has projected lower 75-year deficits than the Social Security trustees. That relationship has now reversed, with CBO projecting a larger 75-year shortfall. One reason for the reversal is that CBO has switched from…
Social Security Scales Back Services During Shutdown
Because of the government shutdown, Social Security offices all over the country are cutting down on staff and services.If you call the number for the Peoria office on Pioneer Parkway, you’ll hear a recording that says, “During the government shut…
Another View: A rational fix for Social Security system
U.S. Rep. Rush Holt, D-N.J., is a smart man—quite literally a rocket scientist, as his supporters’ bumper stickers will attest. When Holt talks, people should listen, whether they agree or not. So it’s a bit ironic that one of his…
SOCIAL SECURITY NEWS – New Republican Plan
Roll Call is reporting that House Republican leaders are now planning to pass several separate bills to reopen a few government agencies. They have not yet decided which agencies but one would think that the Social Security Administration would get strong…
How to Make the Best of the Medicare ‘Donut Hole’
The Medicare prescription drug “donut hole” — the difference between what a beneficiary has to pay for after reaching the initial coverage limit and the amount the government pays for “catastrophic” drug coverage — is quickly closing. Read more… …
Medicare Open Enrollment 2014
The time period for Medicare beneficiaries to change and compare their Medicare part D plans and Medicare Advantage Plans is during the Annual Open Enrollment Period scheduled for October 15 – December 7, with the new coverage starting January 1,…
Be a Link in a Chain Against ‘Chained’ CPI
If you are in the Washington, D.C., area Thursday, come join hands with members of the Alliance for Retired Americans and the Congressional Progressive Caucus in a Human Chain Against “Chained” CPI on Capitol Hill. The action kicks off at 10 a.m. EDT…
Cuts to Medicare Payments for Uninsured Begin
Federally mandated cuts to Medicare and Medicaid hospital payments for uncompensated care go into effect on schedule, but hospital associations and lawmakers are actively proposing their delay. The federal government may have shut down overnight, but provisions and funding cuts mandated…