Takeaways
Social Security is a vital source of income for millions of Americans, especially seniors, but the system faces insolvency by the mid-2030s, potentially leading to benefit cuts.
There is an ongoing debate about privatizing Social Security, with some advocating for individual…
Takeaways
The demand for long-term care services is rising due to an aging population and a shortage of health care professionals.
The costs of long-term care have been escalating, including in-home care, assisted living care, and nursing home care.
As most of us…
For the past year, Social Security beneficiaries have gotten a break from the sometimes-devastating policy of withholding 100 percent of benefits if the beneficiary was overpaid. Effective March 27, 2025, the Social Security Administration (SSA) will reinstate the 100 percent…
Takeaways
The Campos v. Kijakazi lawsuit addressed problems with overpayments and benefit reductions for Supplemental Security Income (SSI) recipients during the COVID-19 pandemic.
A settlement was reached. It provides automatic relief for about 250,000 SSI recipients and new guidance for nearly 2…
Takeaways
Many people misjudge how much they will need for retirement health care expenses.
Failing to properly account for these costs can severely affect retirement security, leading to financial strain and potential reliance on government assistance.
It can be easy to underestimate the…
Takeaways
Aging in place involves making modifications to ensure safety, comfort, and accessibility for older adults.
Home modifications, measures for preventing falls, and fire and carbon monoxide safety are crucial for creating a safer environment.
Maintaining social and mental well-being is also essential…
Takeaways
A new report finds that Americans overwhelmingly support preserving and strengthening Social Security benefits, even if it means paying more to address the program’s long-term financing gap.
At a time when the nation is deeply divided across political lines, Americans can…
Takeaways
Guardianships may be necessary to protect individuals with cognitive impairments, but they can also limit personal freedom and autonomy.
Wendy Williams’ guardianship case highlights the importance of legal representation and proactive estate planning.
Dementia is on the rise and is affecting millions…
Takeaways
Updates to Medicare coverage in 2025 include higher costs for Parts A and B, a new option to pay for Part D prescription drugs on a monthly basis, and a cap on out-of-pocket costs for prescription drugs. In addition, Medicare…
Takeaways
Nursing home care costs have been rising over time, with many older Americans who require long-term care unable to afford it.
With proper planning, seniors may be able to rely on Medicaid to pay for this care – and still…
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