It should be easier to save money for retirement. We can all agree on that, right? But about half of all Americans who work in the private sector do not have access to an employer-based retirement plan like a 401(k). Federal legislation to increase those numbers has not amounted to much.
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Social Security Administration announced a cost-of-living adjustment (COLA) of only .3 percent for 2017. This news follows a COLA of zero for 2016. “With today’s announcement, the Social Security Administration is saying that seniors only need about
We’d think the Social Security Administration would be senior-savvy. It recently revealed it is not. On July 30, Social Security rolled out a new safeguard for users of its “my Social Security” accounts. Those are online accounts for doing things such as reviewing benefits, changing address or changing the location
WASHINGTON – Last week, Sen. Jeff Merkley, D-Ore., wrote a letter to Social Security Commissioner Carolyn Colvin to address his concerns over a new system that would block online access to benefits for seniors without a text-enabled cellphone. The Social Security Administration announced Monday they will change the policy and
Portland, OR – After Oregon’s Senator Jeff Merkley wrote a letter to Social Security Commissioner Carolyn Colvin last week to address his concerns over a new system that would block online access to benefits for seniors without a text-enabled cell phone, the Social Security Administration (SSA) announced today that they
PORTLAND, Ore. – Sen. Jeff Merkley, D-Ore., wrote Tuesday to Social Security Commissioner Carolyn Colvin to address the new system at the Social Security Administration that requires seniors receiving Social Security benefits to have a text-enabled cell phone in order to log into their online accounts. Merkley specifically asked for
Portland, OR – Today, Oregon’s Senator Jeff Merkley wrote a letter to Social Security Commissioner Carolyn Colvin to address the new system at the Social Security Administration (SSA) that requires seniors receiving social security benefits to have a text-enabled cell phone in order to log into their online account. Senator
Oregon’s two U.S. senators stumped for plans Wednesday to cap prescription drug costs for seniors and renewed the call for Medicare to negotiate drug prices, a longtime Democratic priority that has been endorsed by all three remaining major presidential candidates. “These prescription drug costs are just clobbering people, especially the
U.S. Sens. Ron Wyden and Jeff Merkley came to Portland Wednesday to stump for federal legislation that would cap prescription drug costs for seniors. “These prescription drug costs are clobbering older people in Oregon and across the country,” said Wyden, a Democrat and co-sponsor of the bill. “It’s a prescription of punishment, so many costs
WASHINGTON, D.C. — Today, Oregon’s Senator Jeff Merkley unveiled the American Savings Act, major new national retirement security legislation. The American Savings Act would give every worker without access to a retirement savings plan through their employer the ability to save for retirement through their own, personal retirement savings account
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