Find articles and information on a wide range of subjects covering financial and legal issues related to seniors, senior care and death.
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Medicaid is a health insurance program jointly funded by state and federal governments. As part of the Medicaid program, low-income Americans, including seniors, adults, children, pregnant women, and people with…
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The senior population is vulnerable to scams — the FBI reported that in 2021, people aged 60 and over reported losses of $1.7 billion to the bureau’s Internet Crime Complaint…
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During retirement, you may need multiple financial sources to help pay for living expenses and the cost of senior care services. Among these sources are annuities, which can be powerful…
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Lawyers in the elder law field focus primarily on helping older adults obtain health care and housing and protect their money and families. There is a growing population of people…
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Elder law is a legal specialty that helps protect people as they age. Seniors must make many important decisions, like where to live, how to protect their assets, access medical…
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The 401(k) and the Individual Retirement Account (IRA) are two of the most prominent retirement savings accounts in the US. They are useful and play critical roles in planning to…
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An Individual Retirement Account, also known as an IRA, is a type of brokerage account that allows individuals to save and invest for retirement with a unique tax advantage. An…
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401(k) retirement accounts are a powerful saving tool that can help fund your life in retirement, including the funding of senior care costs. A 401k plan is an employer-sponsored retirement…
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Caring for an older adult loved one can be challenging, especially for those who have to work or care for their children. It can also be financially taxing, as the…
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Life insurance is a type of insurance that pays a predetermined amount of money to a person’s heirs once the policyholder passes away. There are different types of life insurance…
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A power of attorney is a legal document that conveys decision-making authority from the principal (the person the decisions are about) to an agent (who can make the decisions). The…
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Senior care can be expensive and time-consuming, especially if you're the primary caregiver. Luckily, the IRS recognizes this and gives taxpayers ways to offset the cost of senior care through…