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Social Security Standardizes the Benefits Verification Letter
Social Security recently announced through their own blog the arrival of a standardized Benefits Verification letter. This has always been the simplest way of verifying your eligibility for benefits and the income you are receiving. The new and improved format will...
Medicare Costs for 2021 Are Out and Up
The Centers for Medicare and Medicaid Services (CMS) recently published the new 2021 figures for Medicare costs. As has been the norm in recent years there have been increases across the board. While for most recipients there's still no premium for Part A, deductibles...
Social Security Announces 2021 COLAs
The Social Security Administration has just announced the 2021 Cost Of Living Adjustments (COLA) for Social Security and SSI recipients. Across the board there will be a 1.3% increase in income. This means that for SSI recipients the individual monthly maximum income...
Still Waiting on Your Stimulus Check? IRS Looks to TAS to Get That to You
It was as long ago as the end of March that the Internal Revenue Service (IRS) was tasked with the admittedly monumental challenge of distributing Economic Impact Payments (EIP), more commonly known as the stimulus payments, to all eligible adults and their dependent...
The Latest on Stimulus Checks and Unemployment
We are in something of a lull as the first round of federally funded financial assistance prompted by COVID19 has come and gone. Most eligible Americans will have received their $1,200 stimulus check, although there are still plenty who are in limbo in that regard,...