A section of the $1.7 trillion spending bill passed Friday has been billed as a dramatic step toward shoring up retirement accounts of millions of U.S. workers. But the real windfall may go to a far more secure group: the financial services industry.
Tag Archive | "Congress"
Spending Bill Aids Retirees, And Boosts Financial Industry
Posted on 27 December 2022.
Posted in Finance & WorkComments (0)
After Congress Fails To Add Dental Coverage, Medicare Weighs Limited Benefit Expansion
Posted on 20 October 2022.
Proposed changes in Medicare rules could soon pave the way for a significant expansion in Medicare-covered dental services, while falling short of the comprehensive benefits that many Democratic lawmakers have advocated.
Posted in Health, FeaturesComments (0)
Inflation Reduction Act Contains Cost-Saving Changes For Older Adults
Posted on 13 August 2022.
On the health front, the The Inflation Reduction Act achieves two key goals of congressional Democrats. First, it would give the federal government the ability to negotiate prices of some drugs purchased by Medicare beneficiaries, a tool that has long been opposed by the drug industry.
Posted in Health, FeaturesComments (0)
Rejected By Courts, Retirees Take Last Shot To Save Pensions
Posted on 07 August 2022.
Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance technician for Delphi Corp., a subsidiary of General Motors Corp., and expected to retire with a comfortable income by the time he hit 62.
Posted in Retirement, Your MoneyComments (0)
Social Security Expansion Act: Good Bottom Line For Retirees
Posted on 04 August 2022.
It is fortunate for us that U.S. Senators Bernie Sanders, D-VT, and Elizabeth Warren, D-Mass., are persistent advocates. These lawmakers have introduced their latest version of a bill to expand the Social Security program.
Posted in Features, Pushback, Your MoneyComments (0)
Watchdogs Attack Medicare Advantage for Denying Care, Overcharging
Posted on 05 July 2022.
Congress should crack down on Medicare Advantage health plans for seniors that sometimes deny patients vital medical care while overcharging the government billions of dollars every year.
Posted in Health, Your MoneyComments (0)