Americans need to realize how little of their current income would be replaced by Social Security even if there isnt a reduction, Mary Johnson, a Social Security and Medicare policy analyst, sad. That sum comes to roughly 40% for average earners, less for higher earners. Thats the reason to sav
Date: May 24, 2024
Category: Business
Source: Google
Tax bill on 2023 Social Security benefits could catch retirees off guard
"We expect more beneficiaries to become liable for federal income taxes on their Social Security benefits for the first time in the upcoming 2024 tax season," Mary Johnson, a Social Security and Medicare policy analyst for The Senior Citizens League, told Yahoo Finance.
Date: Jan 14, 2024
Category: Business
Source: Google
‘Financial Drowning’: Social Security could give seniors historic raise this week due to inflation
Across the board, retired and disabled Social Security recipients spend a bigger portion of their incomes on healthcare costs, housing, and food and less on gasoline, said Mary Johnson, Social Security and Medicare policy analyst for the Senior Citizens League. Over the past 12 months, they rank
Date: Oct 10, 2022
Category: Business
Source: Google
Video: Emotional support alligator cools off at Philadelphia park
Their visit to the Love Park came after the odd pair visited Philadelphia to film a news segment, accompanied by his close friend Mary Johnson and her children, said Henney. Johnson helps film content for Wally's TikTok and Instagram, and her family is "super special to me," Henney added.
Date: Aug 29, 2022
Category: U.S.
Source: Google
Social Security on track for huge cost-of-living increase
In June, chicken increased 20.4%, up more than ground beef (up 9.7%), or bacon (up 10.8%), Mary Johnson, a Social Security policy analyst for The Senior Citizens League, told Yahoo Money. Eggs were up 33%. Even dried beans are up 9.9%. Until food prices start coming down, the lower- and moderate-
Date: Jul 15, 2022
Category: Business
Source: Google
Inflation could mean highest Social Security cost-of-living adjustment since 1981
"Inflation means lower savings and for people who dont have enough savings, it can mean higher debt," Senior Citizens League analyst Mary Johnson said. "And the interest with rising rates, especially on consumer credit card debt, can be very costly for people living on fixed income and hard to mana
Date: Jun 13, 2022
Category: Business
Source: Google
Uptick for retiree checks in 2021 amid coronavirus worries
Its very difficult to talk about anything policy-wise, said Mary Johnson, an analyst with the nonpartisan Senior Citizens League. We are looking at a period where there are growing inadequacies in Social Security benefits, particularly for people with lower-to-middle benefits.
Date: Oct 13, 2020
Category: More news
Source: Google
There may be no Social Security cost-of-living increase next year, early estimate shows
Its going to mean they are going to have some very stiff challenges, especially if they had to pay out-of-pocket medical costs to treat COVID-19, says Mary Johnson, a policy analyst for the Senior Citizens League, an advocacy group.