Social Security provides retirement and disability benefits to millions of Americans. The money that pays for these benefits comes from your paycheck. When you get paid, you have taxes withheld for Social Security and Medicare taxes in addition to federal and state income taxes. The amount that is withheld for Social Security taxes is 6.2% […]
One Step Closer to Privatizing Medicare – Price Nomination Confirmed
The Senate confirmed Representative Tom Price to be the secretary of Health and Human Services early Friday morning by a vote of 52 to 47. Price is an orthopedic surgeon from Georgia who was first elected to the U.S. House in 2004. As President Donald Trump’s HHS secretary, he’d be charged with coordinating Republican efforts […]
The Health of Social Security Unchanged
According to the 2014 Trustee’s report released in late July, not much has changed on the Social Security funding front. The assets for Social Security Old Age and Survivor Insurance (OASI) are expected to last until 2033. This is the same as last year’s report. In the report to Congress, the Trustees said that the […]
Medicare Enrollment Online – No More Waiting in Long Lines at the SSA Office!
In an effort to save money, Social Security has been making many services available online. This is a win-win for everyone. Social Security saves money, and you don’t have to drive to your local SS office or wait in line once you get there. One of the many things you can do online is apply […]
Medicare vs Medicaid: What is the difference between Medicare and Medicaid?
Medicare and Medicaid are easily confused for each other. They have similar names and they are both government programs, so it’s no wonder. But there are many more differences than similarities. While they are both health care programs, they offer very different coverage, the costs are different for each program and who qualifies is also […]