The Social Security trustees are projecting that the Social Security trust fund will be depleted in 2033 — one year earlier than the previous estimates. Once the fund is depleted, Social Security benefits will be reduced unless Congress takes action.
Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic Read More »
Every year during Medicare’s Open Enrollment Period, which runs from October 15 to December 7, Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them.
It’s Medicare Open Enrollment Time: Is Your Plan Still Working for You? Read More »
All older Americans are vulnerable to financial abuse, but there are circumstances that make someone more likely to be scammed. An online survey can help older adults assess their risk of being exploited based on how they make financial decisions.
Online Survey Helps Older Adults Assess Their Financial Vulnerability Read More »
The Biden administration is calling on Congress to pass proposals to lower prescription drug prices, including allowing Medicare to negotiate with drug companies and capping out-of-pocket spending by Medicare beneficiaries.
Armed with a New Report, White House Pushes Congress to Reduce Prescription Drug Costs Read More »
The Senate Democrats’ proposal for a $3.5 trillion spending plan includes expanding Medicare to provide dental, vision, and hearing benefits. The proposal is now being negotiated in Congress.
Medicare Would Cover Dental, Vision, and Hearing Under Senate Democrats’ Spending Plan Read More »
Britney Spears’s struggle to regain control over her business and personal life shines a spotlight on legal guardianship and alternatives that involve less loss of control over one’s life.
By James S. Rizzo, Esq.* “A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” – Hunter S. Thompson Clients are often surprised when I tell them the Power of Attorney is arguably the most urgent estate planning document to have completed, with a Will and Health Care
The Dangers of Not Having a Power of Attorney Read More »
Studies have found that workers overestimate how much they will receive in Social Security benefits when they retire. Having a good understanding of the realities can help you plan for retirement.
You May Be Overestimating Your Social Security Benefits Read More »
The U.S. Supreme Court has agreed to hear a case that has the potential to affect anyone who receives government assistance with their medical care following a disabling injury that results in a lawsuit.
Qualifying for Medicare hardly means free health care — there are still premiums and deductibles. However, people who qualify for both Medicare and Medicaid (called “dual eligibility”) receive help paying their out-of-pocket costs.
Dual Eligibility: How Qualifying for Both Medicare and Medicaid Can Help With Costs Read More »
