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The standard monthly Part B rate is rising from $164.90 to $174.70, snipping about $10 a month off the COLA gain. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024 ...
This provision will directly benefit the 1.4 million Medicare patients who spend more than $2,000 on medications each year, including people who need high-cost cancer drugs, according to the KFF ...
In total, workers who are 50 and older can contribute up to $30,000 starting in 2023. The annual contribution limit for IRAs next year also increased to $6,500 from $6,000 — an increase of 8.3% ...
President Joe Biden delivered the State of the Union address on March 7, in a wide-ranging speech in which he addressed what he plans to change -- or not change -- about drug costs and Medicare, as...
Since the Second World War, the baseline of military retirement has been the 20-year retirement. Under such a program, service members have been eligible for retirement payments after 20 years of active duty. Service members received a defined benefit payment upon retirement, payable until the death of the beneficiary. The benefit received was ...
Additionally, the speaker is second in the presidential line of succession, after the vice president and ahead of the president pro tempore of the Senate. The House elects a new speaker by roll call vote when it first convenes after a general election for its two-year term, or when a speaker dies, resigns or is removed from the position intra-term.
In 2009, nearly 51 million Americans received $650 billion in Social Security benefits. The effects of Social Security took decades to manifest themselves. In 1950, it was reported that as many as 40% of Americans over 65 were still employed in some capacity, but by 1980 that figure had dropped to less than 20%.
2007: Biden concedes that he is open to cutting benefits or boosting the retirement age in an interview with Tim Russert on “Meet the Press” and doubles down on his early-career efforts to do ...