Don't Wait Too Long to Purchase Long-Term Care Insurance
The older you get, the harder it is to qualify for long-term care insurance. If you are interested in buying this insurance, it is better to act sooner rather than later.
Proposed New Medicare Payment System May Affect Beneficiaries
The Trump administration is proposing a new flat rate reimbursement system for doctors who treat Medicare patients. Some worry that the plan may cause fewer doctors to accept Medicare.
New Law Expands Benefits for Chronically Ill Medicare Advantage Beneficiaries
Congress expanded benefits for Medicare recipients with chronic conditions in its latest budget bill. The law gives some Medicare plans the option of covering certain non-medical benefits and also increases telehealth services.
Lawsuit Alleges Assisted Living Facilities Discriminate Against Wheelchair Users
A lawsuit in New York state highlights an issue with some assisted living facilities: No wheelchairs allowed.
Where’s My New Medicare Card? How to Find Out the Status
The federal government has begun mailing new Medicare cards to 59 million Americans. You should keep track of when your new card will arrive and contact Medicare if you don't receive it.
Medicare Extends Deadline for Relief from Part B Penalties
Medicare is extending its offer of relief from penalties for certain Medicare beneficiaries who failed to sign up for Medicare Part B because they had coverage through the individual insurance marketplace.
When Can an Adult Child Be Liable for a Parent's Nursing Home Bill?
While a nursing home cannot require a child to be personally liable for their parent's nursing home bill, there are circumstances in which children can end up having to pay.
Problems With Guardianship System Is Focus of John Oliver Show
In a funny and scary segment, John Oliver recently highlighted problems with the guardianship system on his HBO show, Last Week Tonight with John Oliver.
Court Overturns Obama Rule Protecting Investors Saving for Retirement
A U.S. court of appeal has struck down a Department of Labor rule that was intended to prevent financial advisers from steering their clients to bad retirement investments, but the Securities and Exchange Commission has proposed new regulations to at least partially address the same problem.
The Little-Known Tax on Roth 401(k) Distributions
There are two main types of employee retirement savings plans: the traditional 401(k) and the Roth 401(k). Distributions from a Roth 401(k) are usually tax-free, but there is a little-known situation where distributions can be taxed.