Each year more than 5 million vehicles are totaled by insurance companies. Unfortunately, thousands of these vehicles are sold each year at salvage auctions, rebuilt and reenter the market with clean titles, so consumers, wholesale auto auctions and dealers may have no way to learn about the total loss.
Senior lawmakers, led by Sen. Trent Lott (R Miss and Rep. Cliff Stearns R FL have introduced legislation to ensure that totaled and flood damaged vehicles Katrina cars for instance are permanently red flagged so that used car buyers--consumers and auto retailers--can make more informed decisions about the safety and fair market value of a used vehicle. The National Automobile Dealers Association NADA and a coalition comprised of automakers, service organizations and others, have been working to build bipartisan support for legislation requiring insurers to make total-loss data available to the public.
Insurance companies already collect total loss disclosure information, but do not provide this valuable information to consumers. This information, plus the reason for the total loss flood, collision, stolen, etc., the date of total loss, the odometer reading on that date, and whether or not the airbag deployed, could be easily disseminated through vehicle history providers. This total loss information would make vehicle history reports more timely and complete. For more information, please visit: NADA****
Three million seniors could lose their Medicare Advantage coverage, while millions more would face benefit cuts and higher out-of-pocket health care costs under legislation passed today by the U.S. House of Representatives.
Noting that 49 percent of Medicare Advantage beneficiaries have incomes of less than $20,000 per year, Karen Ignagni, President and CEO of America's Health Insurance Plans (AHIP), said the legislation would have a devastating impact on seniors' health security.
"The House bill shreds the safety net for millions of seniors who depend on Medicare Advantage," said Ignagni.
In testimony before the Ways and Means Committee last week, Peter Orszag, Director of the non-partisan Congressional Budget Office, said that Medicare Advantage enrollment would fall by 33 percent under the legislation passed today by the House.
The preview for this year's senior video
Courtney of Courtney's Candles senior pictures.
Brooktown High : Senior Year for PSP
Countryside High School Seniors vs. Juniors Powderpuff Game 2007.
Directed by Ryan Reynolds
Edited by Ryan Reynolds
Filmed by Ryan Reynolds & Kyle Budde
Junior Senior's music video for Move Your Feet. Enjoy! The most random funniest thing you'll ever see!!
Harrah's, Meals On Wheels Urge Corporate Response to Help Solve Problem
Hunger is a serious threat facing million of seniors in the United States, according to a groundbreaking national research study underwritten by the Harrah's Foundation, the philanthropic arm of Harrah's Entertainment, Inc.
The study, released today by Harrah's and the Meals on Wheels Association Of America (MOWAA) Foundation, concludes that more than 5 million Americans - 11.4 percent of all seniors - face the threat of hunger. Seniors most likely to be at-risk are those with limited incomes, African Americans, Hispanics, the unmarried, renters, persons under age 70 and persons living in the South.
"I challenge my colleagues in corporate America to join Harrah's by taking a leadership role in the Corporate Response to Senior Hunger program developed by Meals on Wheels," said Jan Jones, Harrah's senior vice president of communications and government affairs, in testimony prepared for the U.S. Senate's Special Committee on Aging.
Ruth Densely is a Kent, Washington Senior Photographer. She also specializes in family, wedding, & children’s photography.
Kent, Washington Senior Photographer, family, weddings, portraits, photography
Senior Day Highlights just by the Seniors.
Did you know there are special tax benefits for people aged 65 and older? It is important to understand how your age and sources of income affect your tax return to ensure you get the biggest refund you are entitled to or reduce the amount you may owe.
If you are 65 or older, you are entitled to a larger standard deduction. This is one of the tax benefits that many senior citizens overlook.
Older taxpayers also have a higher gross income threshold for filing, which means you may not have to file a tax return. But, if income tax was withheld from your pay or you qualify for the earned income tax credit, the additional child tax credit, or the health coverage tax credit, you should file a return to get a refund even if you are not required to do so. Either way, you will need to file a 2007 income tax return this year in order to qualify for the economic stimulus tax rebates.
You may qualify for the credit for the elderly or disabled. If you were age 65 or older at the end of the tax year, or if you were under age 65 but retired on permanent and total disability and received taxable disability income, you may qualify for this credit.
If you or your spouse are unable to care for yourself and outside care is needed while the other spouse is working, you may qualify for the Credit for Dependent Care Expenses. The credit is based on a percentage of the amount you pay for dependent care.
You should also know that some of your Social Security benefits may be taxable, depending on many factors, including your total income and filing status.
Produced for Jackson Hewitt Tax Service Inc.