Rising inflation due to the ongoing coronavirus pandemic means that in 2022, Social Security benefits will go up 5.9 percent, the sharpest upsurge since 1983. 

By James S. Rizzo, Esq.* “Marcia, Marcia, Marcia!” – The Brady Bunch (1969-1974) Anyone who ever grew up with or saw The Brady Bunch will recall the trials and tribulations of America’s most famous blended family. What seemed like a rather novel concept in the 1970s is of course commonplace today. According to a recent

While it is preferable to conduct long-term care planning well in advance of needing care, if you haven’t planned ahead, there are some strategies available to avoid spending all your assets. 

Individuals who are researching nursing homes can now see staff and resident vaccination rates along with other quality and safety measure information at Medicare’s Nursing Home Compare website.  

By James S. Rizzo, Esq.* “What’s in a name?” – William Shakespeare To answer Shakespeare, “Everything!” Many people may not associate naming beneficiaries on insurance and financial documents as “estate planning” because it usually does not involve a visit with an attorney. However, what is normally the easiest form of estate planning is often neglected

By James S. Rizzo, Esq.* “Out of crisis comes clarity.” – Randolph O’Toole I’m sure by now most people have had their fill of quarantine, health fears and/or much worse, having to deal with a loved one who has fallen ill or passed away during this pandemic. Many feel anxiety about the real or perceived

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. 

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. 

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. 

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.