If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of retroactive benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.
Some Social Security Beneficiaries Can Get Retroactive Payments — But at a Cost Read More »
In recent months, phone lines at the Social Security Administration have been experiencing major technical problems, preventing some people from enrolling in Medicare in a timely manner.
Medicare Enrollment Period Extended for Those Who’ve Been Getting a Busy Signal Read More »
If you apply for long-term care assistance through Medicaid and your application is denied, the situation may seem hopeless. The good news is that you can appeal the decision.
What to Do If Your Medicaid Application Is Denied Read More »
If you have Medicare, you can now receive up to eight free rapid at-home Covid-19 tests a month at participating pharmacies, no prescription required.
Medicare Now Covers the Cost of COVID At-Home Tests Read More »
Leaving a nursing home to return home is a goal for many residents and their families, but it requires careful consideration. While returning home is a good move for some, it won’t work for everyone.
When to Leave a Nursing Home and Move Back Home Read More »
The Biden administration has announced far-reaching nursing home reforms. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades.
Biden Proposes Major Nursing Home Reforms, Most Extensive “In Decades” Read More »
Long-term care costs climbed again in 2021, with rates for home health aides and homemakers seeing the sharpest rises, according to Genworth’s annual Cost of Care Survey. The coronavirus pandemic continues to contribute to cost increases.
Home Health Aide Costs See the Sharpest Increase in Annual Long-Term Care Survey Read More »
If you are about to turn 70,and have delayed claiming Social Security retirement benefits up till now, you are joining an elite group, but it’s important to know when and how to claim.
Claiming Social Security Benefits at Age 70 Read More »
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This “snapshot” date can have a major impact on a couple’s financial future.
Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture Read More »
By James S. Rizzo, Esq.* “The difference between death and taxes is death doesn’t get worse every time Congress meets” – Will Rogers I often tell clients if they have to worry about the estate tax, it’s a “good problem to have”, as that means their asset level is high. That was not the case
2022 Update: Should You Be Concerned about the Estate Tax? Read More »