Tell the new Congress: I'm counting on you to protect my benefits!
Congress is back in session – and already, some legislators are talking about cutting benefit cuts for seniors. Medicare is more than a line on a budget balance sheet – millions of Americans rely on Medicare benefits to make ends meet. Tell your members of Congress to get to work for the American people by protecting Medicare from cuts. The most impactful letters are personal, so feel free to include why protecting Medicare is important to you! Send your letter right now
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From day one of his presidential campaign, Donald Trump was crystal clear about his position on Medicare: it's a deal with the American people, and one that he intended to honor as President.
But some in Congress are talking about dramatic changes to the program – and it's clear that everything from higher costs to benefit cuts could be on the table. We need to make sure that President-Elect Trump keeps his word on Medicare. Send him a letter today, and tell him that you're counting on him to oppose ANY cuts to Medicare benefits! FROM AARP.COM:
How Proposed Changes to medicare Could Affect Your Wallet and Your Health Care: MEDICARE WORKS WONDERS for millions of American families, providing affordable access to today’s most advanced health care. Poll after poll invariably confirms its popularity. But will Medicare continue to work for us and for the next generations? That’s the question that Congress and the Trump administration will be asking in the coming months.... Link below: http://www.aarp.org/politics-society/advocacy/info-2016/why-medicare-matters-special-report.html?cmp=EMC-DSO-NLC-WBLTR---NMCTRL-010617-F1-1768755&ET_CID=1768755&ET_RID=23086125&encparam=sY0Lq31jRVMTDXwqOBDVLb0Avsk6K4a7d++yjL6cKMs= ~~~~~~~~~~ FROM MEDICAIDSOLUTIONS.COM: What You Need to Know about Medicaid Medicaid Solutions focuses on working with seniors and their families to make long term plans to meet their care needs. This can include connection to community resources such as home care, adult day care, or any services that help the senior to maintain their independent lifestyle in their home.... Link below: http://www.medicaidsolutions.com/ ~~~~~~~~~~ https://www.fool.com
Excerpted from The Motley Fool Site: 2016 ended on a pretty good note. The stock market has been exploring all-time highs since the election, the U.S. unemployment rate is at a nine-year low of 4.6%, and U.S. GDP growth in the third quarter came in at 3.5%, its most robust growth rate in two years. By all accounts, there's plenty of reason for investors and working Americans to be excited for what 2017 might bring. However, for seniors, 2017 will bring a number of critical changes. Here are four of the financial surprises that await this year. 1. The full retirement age is rising One of the biggest changes in store for seniors in 2017 is that the Social Security full retirement age is rising for the first time in more than a decade.[...] Beginning in 2017, the full retirement age is slated to increase by two months a year from age 66 to age 67 by 2022. [Paraphrasing from Motley Fool] This means that anyone retiring at age 62 after 2017 may face lower dollar amounts for the calculated paycheck then they might have otherwise expected. 2. Social Security beneficiaries are getting a raise On the other side of the coin, Social Security is also doling out a small raise to Social Security recipients in 2017. 3. But Seniors are egiving some or all of that back via Mediare Premium hikes However, most seniors will probably give their minuscule Social Security "raise" back in the form of higher Medicare premiums. 4. A temporary tax exemption has disappeared Another key financial difference for seniors is that is that a four-year medical expense deduction exemption is disappearing. [Paraphrasing from The Motley Fool] Between Jan. 1, 2013 and Dec. 31, 2016, individuals aged 65 and up, as well as their spouses, were allowed to deduct unreimbursed medical expenses that exceeded 7.5% of their adjusted gross income (AGI). Beginning in 2017, seniors will be subject to the same 10% of AGI as everyone else. This means it takes more medical costs to qualify for the deduction. Read the full story at Fool.com: https://www.fool.com/retirement/2017/01/01/4-financial-surprises-awaiting-seniors-in-2017.aspx |
The St. Lawrence County Chapter (SLCC) #2831 is a community of advocacy and volunteers whose purpose is to 1) promote at the local level the priorities, programs and policies specific for the benefit of our seniors, 2) maximize member engagement in a broad menu of services, information and educational activities, 3) demonstrate the contributions and potential of people who are 50+ to encourage their full participation in contemporary life, 4) create fundraising opportunities to achieve self-sufficiency, and 5) stimulate public interest in a variety of issues.
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November 2019
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