Medicaid Expansion: What Might It Mean for You?
The debate among lawmakers on further expanding Medicaid in some 11 states continues to evolve.
What Is IRMAA and How Does It Affect My Medicare Premiums?
Once Medicare kicks in, we may assume our medical insurance premiums will be fixed. However, many people don't realize there are special rules regarding how much they pay for Medicare Parts B and D if they are in a higher income range.
Deducting Long-Term Care Insurance Premiums in 2023
Are you a taxpayer who has purchased long-term care insurance? Take note of your policy details and your premium amount, as you may be able to deduct the cost - or at least part of it - from your 2023 income.
Medicaid Funeral Assistance May Help Pay for Funeral Costs
Many people are unaware that there is coverage to help families lay their loved ones to rest. Depending on your state, Medicaid may cover some funeral costs and other final expenses.
What Is a Health Savings Account? Will Medicare Affect Mine?
A health savings account may help you save money on medical expenses, depending on your insurance type.
Assisted Living vs. Nursing Homes: What’s the Difference?
Assisted living facilities and nursing homes are long-term housing and care options for older adults. Although people sometimes use the terms assisted living and nursing home synonymously, they are distinct.
Who Can Override a Power of Attorney (POA)?
Powers of attorney can be overridden. However, the "who" and "how" depends on whether the principal is of sound mind.
Appointing an Executor? Here’s What an Executor Cannot Do
If you are preparing a will, it is important to choose an executor you can trust, who is reliable, and who will take their role seriously. As part of your decision-making, you may also consider the things they would be prohibited from doing.
Does Power of Attorney End at Death?
Although every state's laws and forms vary, most power of attorney forms specify that the agency relationship created by a power of attorney ends upon a person’s death.
Highlights of How the Omnibus Bill Will Benefit Older Adults
The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will benefit older adults on a number of fronts.