Bloomberg BNA Announces the 2012 Edition of the “Social Security and Medicare Fact Sheet”

Arlington, Va., April 2012—Bloomberg BNA today announces the publication of the 2012 Edition  of the Social Security and Medicare Fact Sheet, the ideal way to inform employees of changes to their Social Security and Medicare benefits.

For the first time in two years, Social Security benefits have been adjusted in order to keep up with living costs. The Social Security and Medicare Fact Sheet, 2012 Edition discusses, in detail, the new Social Security tax rates, disability benefits, and eligibility requirements.

In addition, the resource provides succinct answers to employee questions, such as: "how are my benefits calculated?"; "what is my estimated Social Security payoff upon retirement?"; "what if I become disabled?"; and "what benefits are my dependents entitled to when I die?" It also helps employees and retirees understand:

• Approximately how much they will receive in retirement benefits
• The average monthly benefit amount for all retired workers
• The highest monthly retirement benefit that can be received
• The Government Pension Offset
• Medicare Part A hospital care benefits
• Medicare Part B eligibility and costs
• Medicare Part C Medicare Advantage plans
• Medicare Part D costs

Also new in the 2012 Edition is a revised section on estimation of benefits, with discussion of and instructions for new Social Security Administration tools that can help employees calculate retirement benefits and estimate death or disability benefits. The tools are completely customizable and can help employees plan their financial future.

The editor of the 2012 Edition of the Social Security and Medicare Fact Sheet is Leslie King, a former tax law editor with Bloomberg BNA Tax & Accounting, who currently serves as the assistant general counsel at the District of Columbia Retirement Board.

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