Keyword: seniors
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WASHINGTON, D.C. – The One, Big, Beautiful Bill fulfills President Trump’s promise to seniors and provides welcome tax relief after four years of inflation robbed their retirement under President Biden. Each senior will receive an additional bonus of $4,000 to the standard deduction, putting more money in the pocket of millions of low- and middle-income seniors.
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Many seniors across the country would consider their senior living community a safe haven. But for some, these properties turn out to be money traps right when their personal finances are most fragile. Martha Bray, an 84-year-old Vietnam veteran, found herself trapped in such an unfortunate situation. After 10 years of living at River Glen of St. Charles, a senior living community near Chicago that she describes as her “dream” home, the property was acquired by two investment companies that swiftly raised rents. She told NBC News that her monthly maintenance surged from $1,395 to $6,500 — a 365% increase....
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EXCLUSIVE: The top tax-writer in the House of Representatives is arguing that President Donald Trump's "big, beautiful bill" will be "big" for American taxpayers as well – including seniors. House Ways & Means Committee Chairman Jason Smith, R-Mo., and other Republicans on the panel spent months negotiating behind closed doors on how to enact Trump's tax policies. Among those is an added $4,000 deduction for Americans aged 65 or older. Seniors with income of less than $75,000 as single filers, and less than $150,000 as joint filers, would be eligible for the full deduction, which then would begin to phase...
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Not to be blunt, but Gail Zanchelli hated marijuana as a teen growing up on Long Island. “Tried it, never liked it,” Zanchelli, 64, told The Post. Now it’s part of her nightly routine. The Deer Park resident takes 60 milligrams of gummies infused with THC — the main active ingredient in marijuana — before bed to relieve chronic throbbing in her tailbone. She’s part of a budding group of seniors who use cannabis to relax, ease pain, sleep better or manage their mental health.
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@RapidResponse47 NO TAX ON TIPS. NO TAX ON OVERTIME. NO TAX ON SENIORS' SOCIAL SECURITY.
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The Biden administration is banning certain natural gas water heaters from the market as part of its climate change agenda, a move critics say will jack up energy costs for low-income and senior households. The move in the final days of the administration will take non-condensing, natural gas-fired water heaters off the shelves by 2029 in a bid to reduce carbon dioxide emissions, which climate change advocates and President Biden say cause global warming. The new rules will require new tankless gas water heaters to use about 13% less energy than today’s least efficient tankless models. The rules apply to...
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Well-coiffed woman in pearls sits, happy and in control, (not sick and elderly, confined to a hospital bed under psychological pressure to sign), gazing wistfully from her writing desk ready to sign her "living will" (authorization to Dr.s to euthanize her). Her desk fades into a happy, soft image of a man--presumably her son--explaining to a boy--her "grandson"--"Grandma loved us so much that she wanted to have something to leave us, and she didn’t want to burden us by trying to cling to life after she had lived her time."
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Hitting the half-century mark is much more than a milestone birthday; it's a testament to your resilience, wisdom, and perseverance. But turning the big 5-0 also means transformations for your body, like a slower metabolism and loss of muscle and strength, which is unfortunate since muscular strength is an essential component of healthy aging. Physical activity is an excellent way to combat the woes that come with growing older, and we're here with 10 active hobbies and exercises for women over 50 to live longer. The best part? You'll likely enjoy doing them!
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While many seniors flock to sunny retirement destinations like Florida for their warm weather and sandy beaches, not everyone finds this appealing or within reach. For those who prefer the charm of the Northern United States—whether for its four distinct seasons, proximity to family, or appreciation of its diverse natural beauty—this region boasts some of the finest small towns for seniors in the country.
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Democrats were confronted earlier this year with a terrifying reality: a cap on out-of-pocket costs for patients to limit Medicare drug spending passed as part of Biden’s signature Inflation Reduction Act was set to spike premiums for millions of senior citizens just weeks before the 2024 presidential election. To avoid the political catastrophe of presiding over major premium increases in the middle of a closely contested election, the Biden-Harris administration used its authority to reroute appropriated funding to subsidize the premiums for seniors until after the election. The administration’s $5 billion budget gimmick kicked the proverbial can down the road,...
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(The Center Square) – Medicare premiums and senior citizens' prescription drug costs have surged since passage of the $891 billion Inflation Reduction Act of 2022, according to data compiled by an advocate for seniors on the federal health care program. The legislation promised financial relief for millions of people with Medicare by expanding benefits, lowering drug costs, and strengthening Medicare for future seniors. Medicare Is for Seniors' "Misery Index," as the report is known, says prescription drug costs instead have risen nationally by 31%, leaving seniors with new expenses and fewer options. Those costs will rise again under the new...
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A new study has shown that seniors taking sleeping pills can significantly reduce their dependence on the medications and improve their sleep with a simple intervention. The study evaluated whether specially designed information packages mailed directly to their homes could help people reduce their need for sleeping pills, while also helping them get a better sleep. The study involved three groups: two that received different information packages (Sleepwell or EMPOWER) and a control group that didn't receive anything by mail. People enrolled in the YAWNS NB study were taking prescribed sleeping pills, including benzodiazepines (e.g., lorazepam (Ativan)) or z-drugs (e.g.,...
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Donald Trump has claimed he will stop taxing the Social Security benefits of seniors if he wins a second term in the White House. The cut is the latest in a series of tax relief policies which Democrats claim with endanger federal benefits and see the U.S' debt balloon. Others say Congress would be unlikely to pass the plans. But this latest proposal made on Fox and Friends is the most significant and expensive yet, costing the government $1.8 trillion over the next decade, according to the Committee for a Responsible Federal Budget. They claim the cuts would see Federal...
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Seniors are expected to face $33 in out-of-pocket expenses each month after Medicare Advantage cuts. "Joe Biden has cut Medicare Advantage for the last two years. Did you know that? He’s cut your Medicare Advantage, which is a total betrayal of seniors. And just check, you’ll see it. He has cut you down for two years straight."
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Twilight zoneWith markets rising, consumer confidence holding up, and a wave of companies enforcing return-to-office mandates, for many Americans, it seems like the perfect time to finally hang up their hats. Indeed, the US recorded 2.7 million more retirees in December than were predicted in models from economists at the St. Louis Federal Reserve, as reported by Bloomberg.The recent upswing mirrors the ‘Great Retirement’ wave of 2020, when the pandemic saw the actual share of retirements swell and the labor force participation rate fall by 3.2% in the space of 2 months, the largest drop on record. However, rather than...
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A six-month study of healthy older men demonstrated that daily multivitamin/multimineral supplementation had a positive effect on key nutrition biomarkers. The research also showed that the changes in nutrition status could have direct connections to cellular function, measured by the oxygen consumption of the study participants' blood cells. The findings suggest supplementation may be a key tool to help people stay healthier as they age. Said Michels: "Previous studies have shown mixed results when it comes to multivitamins and disease risk. We wanted to know why there was so much uncertainty." The research group recruited 35 healthy men age 68...
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CHICAGO -- People age 65 and older should get an additional dose of the current COVID-19 vaccine, the U.S. Centers for Disease Control and Prevention recommends. The agency's independent vaccine advisers voted Wednesday to recommend the additional shot, and CDC Director Dr. Mandy Cohen endorsed the recommendation, CNN reported. The vaccine is recommended for everyone ages 6 months and older, but data from the CDC shows that people haven't been getting the shots.
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KFF Health News — The Covid-19 pandemic would be a wake-up call for America, advocates for the elderly predicted: incontrovertible proof that the nation wasn’t doing enough to care for vulnerable older adults. The death toll was shocking, as were reports of chaos in nursing homes and seniors suffering from isolation, depression, untreated illness, and neglect. Around 900,000 older adults have died of Covid-19 to date, accounting for 3 of every 4 Americans who have perished in the pandemic. But decisive actions that advocates had hoped for haven’t materialized. Today, most people — and government officials — appear to accept...
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The Biden administration is more interested in pet projects, unsustainable green schemes, and ideological revenue redistribution than in the core functions of government.. The Biden administration is so obsessed with making electric vehicles (EVs) work as part of its green agenda that it’s taking money away from seniors — namely, drug savings under Medicare. Unsurprisingly, it has also failed to advertise that fact. The news of EV and green energy subsidies flew under the radar until a poll conducted in Arizona alerted voters there to the scheme. Fully three-quarters of Arizona voters polled (76 percent) said they didn’t know the...
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FIRST ON FOX: Lawmakers want to know why the Social Security Administration has reportedly erroneously overpaid benefits to millions of Americans and then hit beneficiaries with demands for repayment to the tune of thousands of dollars. A bipartisan letter sent by House members in the Ohio delegation presses Dr. Kilolo Kijakazi, the acting commissioner of the Social Security Administration (SSA), for answers on its efforts to claw back overpayments from Americans, many of whom did nothing wrong. Those affected are elderly or disabled people on a fixed income who may have their benefits frozen or cut until their debt is...
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