Senior Citizens League -2011 Best Ways to Save Guide

The Senior Citizens League is offering a free new consumer guide: “2011 Best Ways To Save.”

The nonprofit Washington-based advocacy group says that the majority of seniors rely on Social Security for at least one-half of their retirement income.

But with average monthly Social Security benefits only $1,074 and no annual cost-of-living adjustment (COLA) this year, millions of retirees are watching their monthly costs climb while their Social Security benefits shrink from higher Medicare premiums and other costs.

The guide can suggest some strategies.

The new issue of “Best Ways to Save” suggests:
* Six Steps For Getting Six Month’s Worth of Prescription medications for the cost of two months.

* How To Make Smarter Tax Decisions. Recent health care legislation reduces the amount of health care costs that seniors will be able to deduct on their income tax returns. Learn about this little-known new tax increase and a strategy to help maximize your health care deductions.

* New Free Medicare preventive benefits sounded so good on the TV news, but those “free” new preventive benefits come with strings attached. Learn about those free preventive services and what you need to do to prevent unexpected extra charges.

* The Three Biggest Expenses to Downsize In Retirement – Many seniors are careful shoppers, spending hours clipping coupons and comparing costs when they do their grocery shopping. But spending time on these three big costs will help ensure more sustainable living expenses over the long haul.

* How To Grow Your Initial Retirement Benefit By 8% Per Year Until Age 70. If you have the choice, learn how delaying your retirement benefit can result in a more adequate benefit and pay a return today’s CDs and bonds can’t touch.

To request a free copy, send $1 for postage and handling to: The Senior Citizens League, ATTN: BWTS, 1001 N. Fairfax St., #101, Alexandria, VA 22314. Or visit TSCL on the web at www.SeniorsLeague.org.