COVID hits our wallets

#Middlebury #Seniors You can learn all kinds of things from surveys, and not all of them are good. A recent SimplyWise bi-monthly survey showed that 35% of seniors age 60 and older ... Continue Reading →

Seniors have less money despite Social Security increase

#Middlebury #Seniors I’ll be worse off financially this year, despite the Social Security increase we just received. I won’t be the only one. For the average recipient who ... Continue Reading →

Why it’s getting harder to live on Social Security

#Middlebury #Seniors It’s now official: Our Social Security increase for 2020 will be 1.6 percent, or $23.40 for the average senior who receives benefits. If our Medicare goes ... Continue Reading →

Medicare scammed out of $1.7 billion

#Middlebury #Seniors Scammers have billed Medicare $1.7 billion in phony invoices for selling hundreds of thousands of us pieces of medical equipment we don’t need. Federal agencies ... Continue Reading →

Expenses increase more than Social Security does

#Middlebury #Seniors The start of the New Year means having to face just what our 2.8-percent Social Security increase really means. I had done the math: my 2018 Social Security plus ... Continue Reading →

Beware newest phone scam: Social Security

#Middlebury #Seniors If you see the number 1-800-772-1213 on your Caller ID, beware. Social Security has put out a warning about scams involving spoofed phone numbers. Scammers can ... Continue Reading →

Many seniors live on only Social Security

#Middlebury A big percentage of retired seniors have only Social Security for income. The average Social Security benefit is $1,409.91 per month. Taken together, those two facts can ... Continue Reading →

Don’t become income tax fraud victim

#MIDDLEBURY #INCOMETAX The Connecticut Better Business Bureau recommends taxpayers file their 2016 returns as quickly as possible to avoid becoming victims of income tax return fraud. ... Continue Reading →