When do Medicaid Recipients have to Cash Stimulus Checks before Government Collects?
April 26, 2021
Nursing home residents on Medicaid have some more time to spend their stimulus checks, but they shouldn’t wait too long.
Court Victory for Adults Caring for Parents at Home
April 19, 2021
Advocates are celebrating an important victory for individuals who provide care for their parents at home. The new decision will likely lead to a substantial expansion in the number of homes transferred to those caregivers.
What Is Plan for Social Security Recipients, Who Haven’t Received Stimulus Money?
April 14, 2021
As $1,400 Covid stimulus checks go out, some lawmakers are expressing concern that recipients of Social Security and other federal benefits have yet to get the money to which they are entitled.
Does New COVID Relief Bill have an Impact on Seniors?
April 13, 2021
Besides the third round of stimulus payments, multiple expanded tax credits for parents are perhaps the most widely known provisions of the COVID-19 relief bill that President Joe Biden signed into law on March 11. But the expansive legislation, formally known as the American Rescue Plan Act of 2021, contains provisions that affect Americans of all ages, even retirees.
Does My Family have to Pay My Credit Cards when I Die?
April 9, 2021
Especially with the average U.S. household having $7,027 in revolving credit card debt and Americans owing a total of $416.1 billion in credit card debt, according to a recent Nerdwallet study, some Americans will have credit card debt for the rest of their lives. However, what happens to credit card debt when you die?
What are Most Costly Mistakes with Social Security?
April 6, 2021
On its surface, Social Security seems like a fairly straightforward program. You and your employer pay a tax based on your earnings, while you work. When you retire, you get a lifelong income stream that’s somewhat tied to how much you paid into the system.
Does Blackjack Keep My Brain Sharp?
March 23, 2021
The type of games that you probably loved as a child offer a great way to keep your brain sharp in old age.
How to Prepare for Health Care Costs in Retirement
March 17, 2021
There is a simple and unsettling reality in the United States. Many Americans don’t feel financially prepared for health care costs in retirement.
How to Avoid Medicaid Estate Recovery
March 16, 2021
If you’re helping an aging parent navigate Medicaid because they don’t have long-term care insurance or you think you’ll need it yourself someday, it’s important to understand how the program works.
What are the Scariest Statistics for Retirement?
March 11, 2021
There’s plenty of frightening data on retirement planning in the U.S., even before you consider COVID-19.