Where Trump and Biden Stand on Issues Important to Older Americans
With the presidential election only a few weeks away, it is important for voters to know the candidates’ positions on issues like Medicare, Medicaid, and Social Security.
A Modest Social Security Increase for 2021
The Social Security Administration has announced a 1.3 percent increase in benefits in 2021, an increase even smaller than last year’s.
How to Fix a Required Minimum Distribution Mistake
The rules around required minimum distributions from retirement accounts are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you can take to fix the error and possibly avoid a stiff penalty.
New York Imposes Restrictions on Medicaid Eligibility for Home Care
New York was the only state that didn’t have a look-back period for Medicaid home care, but that is now changing. New York Medicaid applicants will no longer be eligible for home care if they gave away assets within 30 months of applying.
Medicare Beneficiaries May Be Eligible for an Extra 100 days of Skilled Nursing Coverage Due to Pandemic
Medicare beneficiaries who qualified for skilled nursing facility (SNF) coverage may be eligible for an additional 100 days of coverage. Whether beneficiaries can actually get the extended coverage is another question.
Medicare May Not Cover the Coronavirus Vaccine After All
While Medicare would cover a coronavirus vaccine approved through normal channels, if the Food and Drug Administration approves the vaccine through an emergency use authorization (EUA), Medicare will not cover it unless the government acts.
How to Divide Up Personal Possessions Without Dividing the Family
Allocating your personal possessions can be one of the most difficult tasks when creating an estate plan. To avoid family feuds after you are gone, it is important to have a plan and make your wishes clear.
Will Electronic Wills Be the New Normal?
More and more transactions are done digitally, but estate planning has lagged behind technology. That may be changing, though. Even before the coronavirus pandemic made social distancing necessary, electronic wills were gaining legitimacy.
Medicare Open Enrollment Starts October 15: Is It Time to Change Plans?
Medicare’s Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Now is the time to start shopping around to see whether your current choices are still the best ones for you.
Nursing Home Residents Face Even Greater Barriers to Voting Amid Coronavirus Pandemic
The coronavirus pandemic has required nursing homes to put a number of limitations on their residents. These restrictions are having the unintended consequence of making it more difficult for nursing home residents to vote.
