Category: Uncategorized

Editor’s Note: Reports state that on July 23, 2025, the Social Security Administration decided to continue issuing paper checks for those who do not have any other way of receiving their benefits payments. Takeaways Starting September 30, 2025, the Social Security Administration (SSA) will stop issuing paper checks for benefits payments. The SSA is urging all recipients of Social Security, Supplemental… Continue reading Get Social Security Benefits by Check? Prepare for Change

Takeaways Many retirees pride themselves on years of careful financial planning, yet one major area often catches them off guard: the cost of health care. According to a recent Wall Street Journal article, even those who’ve saved diligently can be blindsided by three areas of medical expenses: costly prescription drugs, travel-related health care burdens, and the… Continue reading Consider These Medical Expenses When Planning for Retirement

Takeaways Scams targeting older adults can result in significant financial losses. According to the Federal Trade Commission (FTC), people in the United States lost $12.5 billion in scams in 2024, and older adults tended to lose more money than younger folks. Those in their 70s lost $1,000 to scammers on average, compared with a median of $417… Continue reading Beware DMV Text Scams Targeting Older Adults

Takeaways In June 2025, House Democrats Jimmy Gomez (CA) and Don Beyer (VA) reintroduced the Choose Medicare Act, with Senators Jeff Merkley (OR) and Chris Murphy (CT) sponsoring its Senate companion. The bill would establish a Medicare Part E: a public-option version of Medicare that would be available to all individuals and employers as an alternative to… Continue reading How a Proposed Medicare Part E Could Benefit Americans

Takeaways After many years of handling daily tasks, such as bathing, dressing, and cooking, we tend to take for granted that we can do these tasks without help. However, as we age, many of us will need help with some of these tasks, as well as other daily activities. In fact, nearly 70 percent of people age… Continue reading Older Adults Struggle to Meet the Dual Burden of Housing and Care

Takeaways As Americans approach age 65, many find themselves navigating the complex relationship between Medicare and other forms of health insurance, such as employer-sponsored coverage, retiree health benefits, and COBRA continuation coverage. Understanding how these types of insurance interact with Medicare is necessary for avoiding late enrollment penalties, coverage gaps, or unnecessary expenses. The Medicare Rights Center… Continue reading Pairing Medicare Coverage With Your Current Health Insurance

Editor’s Note: Reports state that on July 23, 2025, the Social Security Administration decided to continue issuing paper checks for those who do not have any other way of receiving their benefits payments. Takeaways Starting September 30, 2025, the Social Security Administration (SSA) will stop issuing paper checks for benefits payments. The SSA is urging all recipients of Social Security, Supplemental… Continue reading Get Social Security Benefits by Check? Prepare for Change

The aging U.S. population means that more people will likely need nursing home care in the coming decades. Meanwhile, the cost of nursing home care is increasing — and expected to keep increasing. With the exorbitant cost of nursing home care, many families worry about depleting their loved ones’ life savings to pay for the… Continue reading Protecting Your Parents’ Assets From Nursing Home Costs

If you or a loved one are among the 71.6 million people receiving Social Security benefits, be careful of downloading email attachments. You could receive a dangerous email from hackers pretending to be the Social Security Administration (SSA), and the email looks convincing. This official-looking email prompts recipients to download a fake Social Security statement.… Continue reading Scam Email Targets Social Security Recipients

According to Pew Research, 18 percent of Americans are 65 and older, and more than one in five Americans will be in this age range by 2054. The Centers for Disease Control and Prevention (CDC) notes that older adults are at greater risk for social isolation and warns that loneliness puts people at risk for severe mental and… Continue reading Multigenerational Housing: Options and Benefits for Seniors