What are the Major Social Security Changes for 2021?
The Social Security Administration (SSA) recently announced that the annual cost-of-living adjustment (COLA) for benefits will be 1.3 percent.
The Wrong Power of Attorney Could Lead to a Bad Outcome
When do you need your estate plan to ‘go to work’ for you? While you may think the right answer is ‘after I die,’ the actual answer is ‘if I lose the ability to manage my own affairs.’
How Do I Claim Social Security on My Ex’s after Divorce?
Love and marriage don’t always work out. However, even if your marriage ended in divorce long ago, here’s a piece of good news: You may be able to get more Social Security, by taking benefits based on your ex-spouse’s work record instead of your own.
Why Planning Tasks Don’t Stop Because You’ve Retired
Building enough wealth to sustain yourself in retirement is a monumental achievement. However, financial planning doesn’t end when you no longer rely on a paycheck.
How to Benefit from a Roth IRA and Social Security
Although Social Security helps millions of seniors stay afloat financially, living on those benefits alone could mean winding up cash-strapped in retirement.
Make Your Nest Egg Last When Retiring Early
Retiring ahead of schedule may seem like a dream, but it is doable with the proper planning. Depending on when you were born, the normal retirement age is currently 66 or 67. If you’re planning to retire five, 10, or even 15 years early, one of the most important things to consider is how to make your savings last for the long haul.
Is a Disabled Person with Savings Eligible for Medicaid?
I am a social worker at a state facility for people with developmental disabilities. Most of the men I work with function at about 12 to 14 years of age. I am working with a gentleman who makes minimum wage and works six hours a day. He can’t have more than $1,800 in the bank or he will not be eligible for health benefits, so he has to spend his money. Otherwise, the state will take it.
Will We See a Bump in the COLA for Social Security Next Year?
Thanks in part to the economic impact of the COVID-19 pandemic, don't bank on a big cost-of-living adjustment (COLA) for your Social Security benefits in 2021.
What Needs to Happen after a Spouse Dies?
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
How Do I Find a Great Elder Law Attorney?
Finding and elder law attorney is as easy as googling, “elder law attorney near me.” Anyone can find an elderly law attorney but finding the right one is where things get a tad difficult. If you want your elder law case to be in the right hands, then you might have to do a bit of digging.