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Starting in 2026, employees aged 50 and older who earn over $145,000 must make 401(k) catch-up contributions on an after-tax (Roth) basis, losing the immediate pretax deduction.
Affected high earners should check if their employer offers a Roth 401(k) option and…

Takeaways

Medicare is implementing changes in 2026 to lower prescription drug costs, enhance consumer protections, and test new care management approaches.
New negotiated prices for some prescription drugs and an annual out-of-pocket cap of $2,100 for Part D covered medications will lead…

Takeaways

Understanding your long-term care insurance policy and its specific requirements (benefit triggers, covered services, elimination periods) is crucial to preventing claim denials.
Common reasons for claims denials include insufficient medical documentation, preexisting condition exclusions, failure to meet elimination period requirements, and…

The effects of the federal government shutting down may not always seem direct or immediate, but the risks and disruptions are real.

Takeaways

Many older adults rely on federal programs for income, health care, and support services, making them particularly vulnerable to disruptions caused by a government shutdown.
While core benefits such as Social Security and Medicare payments are largely protected, administrative functions, customer…

Takeaways

Emotional wellness is critical, but often overlooked, for older adults in long-term care.
Approaches that do not involve medications (e.g., gardening, reminiscence therapy, social activities, and technology) show promise in improving emotional well-being.
Families can also play a vital role in supporting…

Takeaways

Social Security benefits will increase by 2.8 percent in 2026 due to the annual cost-of-living adjustment (COLA).
This increase applies to Social Security and Supplemental Security Income (SSI) recipients, with payments starting in January 2026 for Social Security and December 31,…