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NAELA News August, 1999 - National Academy of Elder Law ...

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<strong>NAELA</strong> <strong>News</strong> ● <strong>August</strong> <strong>1999</strong><br />

Members in the <strong>News</strong><br />

(continued from page 22)<br />

Rebecca Morgan was featured in<br />

the Spring, <strong>1999</strong> issue <strong>of</strong> the ABA’s<br />

Bifocal newsletter, which also contained<br />

the article “Survey <strong>of</strong> State Emergency<br />

Medical Services Do-Not-Resuscitate<br />

<strong>Law</strong>s,” by Charles P.<br />

Sabatino and “Bar Pr<strong>of</strong>ile: Connecticut<br />

Bar Association’s <strong>Elder</strong> <strong>Law</strong> Attorneys<br />

Enter 21 st Year,” by Lea<br />

Nordlicht Shedd.<br />

Gerald J. Mullaney, Sr. was mentioned<br />

in the May 13, <strong>1999</strong> issue <strong>of</strong> the<br />

Hearthstone Town and Country, for<br />

providing free consultations on estate<br />

planning as part <strong>of</strong> <strong>National</strong> <strong>Elder</strong> <strong>Law</strong><br />

Month.<br />

Kerry R. Peck was featured in the<br />

June, <strong>1999</strong> issue <strong>of</strong> the Chicago <strong>Law</strong>yer,<br />

as the new president <strong>of</strong> The Chicago Bar<br />

Association and in the June 21, <strong>1999</strong> issue<br />

<strong>of</strong> the Chicago Daily <strong>Law</strong> Bulletin.<br />

Steven C. Perlis was mentioned in<br />

the June 17, <strong>1999</strong> issue <strong>of</strong> Hanover Park<br />

Daily Herald, Barrington Daily Herald<br />

and the Mount Prospect/Prospect<br />

Heights Daily Herald as a <strong>1999</strong>-2000<br />

board member <strong>of</strong> <strong>NAELA</strong>. The same article<br />

appeared in eight other publications<br />

that day.<br />

Dana Rozansky was mentioned in<br />

the June 16, <strong>1999</strong> issue <strong>of</strong> The South<br />

Bergenite, in the article “NJSBF Offers<br />

Financial Seminar.”<br />

Peter Strauss wrote “Peter Strauss<br />

Makes the Complexities <strong>of</strong> Home Health<br />

Care Very Simple,” for the July, <strong>1999</strong> issue<br />

<strong>of</strong> Bottom Line Tomorrow.<br />

Jake Thomas Townsend was mentioned<br />

in the May 21, <strong>1999</strong> issue <strong>of</strong> The<br />

Union Democrat as a new <strong>NAELA</strong> member.<br />

Daniel O. Tully was quoted in the<br />

April 18, <strong>1999</strong> issue <strong>of</strong> The Hartford<br />

Courant, in the business column titled<br />

“Matt’s Money Talk.”<br />

John Wargo, CELA, was mentioned<br />

in the June 13, <strong>1999</strong> issue <strong>of</strong> The Journal<br />

Times, as a <strong>1999</strong>-2000 board member <strong>of</strong><br />

<strong>NAELA</strong>.<br />

SOCIAL SECURITY RETIREMENT<br />

AND SURVIVORS BENEFITS<br />

<strong>1999</strong> FIGURES*<br />

Many figures used to calculate Social Security Retirement and Survivors<br />

Benefits are revised annually, as are the figures used to determine the<br />

insured status <strong>of</strong> the worker and how much a retired worker may earn.<br />

Tax Rate for employee and employer<br />

7.65 percent each<br />

Tax rate for self-employed<br />

15.30 percent<br />

Maximum annual income subject to Social Security Tax $72,600<br />

Quarter <strong>of</strong> coverage<br />

$740 equals one quarter <strong>of</strong> coverage<br />

Retirement earnings test exempt earnings limit: age 65 to 69<br />

$15,500 per year<br />

Retirement earnings test exempt earnings limit: under age 65<br />

$9,600 per year<br />

Maximum benefit at 65 with maximum earning history<br />

$1,373 per month<br />

Maximum benefit at 65 with average earning history<br />

$953 per month<br />

Maximum benefit at 65 with low earning history<br />

$577 per month<br />

*from the AARP’s foundation <strong>1999</strong> annual update<br />

23

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