What You Should Know About the Medicare Tax
Medicare tax is an essential component of the United States tax system. It plays a crucial role in maintaining the solvency and functionality of the Medicare program.
The Loneliness Epidemic: Helping Seniors Stay Connected
Failing to maintain and make new meaningful connections as older adults age can lead them toward a deep sense of loneliness. This can affect their mental and physical health, including increased risk of heart disease, Parkinson's disease, and dementia.
my Social Security Transitions to Login.gov
On July 12, 2024, the SSA announced a change affecting many account users. Those who created a my Social Security account before September 18, 2021, must transition to a different type of online account known as a Login.gov.
License Renewals: What Are the New Rules for Senior Drivers?
Older drivers are among the safest of all drivers, a AAA report showed. Nonetheless, state senior driving laws vary widely across the country.
Understanding Medicaid: What Does Medicaid Cover?
Though Medicaid exists to help those who need it, navigating the specifics of what it covers and does not cover can be daunting. Here are highlights on the basics of Medicaid coverage.
The Costs of the Rising Cost of Long-Term Care
As the U.S. population ages and life expectancies increase, the need for long-term care is becoming an important consideration for many individuals and families.
HUD Housing Programs That Support Aging in Place
As adults age, they may want to remain in their homes and communities for several reasons. For one, remaining in one's own residence preserves independence.
Does Divorce Affect Social Security Spousal Benefits?
As a spouse, you have the option of claiming a Social Security retirement benefit based on your own earnings record or collecting a spousal benefit equal to half of your spouse's Social Security benefit.
How Life Insurance Is Involved in Estate Planning
Life insurance can be an integral and important part of a well-drafted estate plan. There are numerous benefits to owning a life insurance policy aside from providing a large sum of money to beneficiaries.
Why Trusts are Important Estate Planning Tools
Trusts can offer many benefits, including allowing assets to pass directly to beneficiaries and charitable organizations without going through probate, minimizing taxes, and protecting your legacy from creditors.