Budget Deal Blunts Medicare Premium Spike, At Least for Now
As a result of the recently passed Bipartisan Budget Act of 2015, Medicare Part B premiums will rise only about 15 percent for about 16 million beneficiaries, and the Part B deductible will rise a similar amount.
New Federal Budget Ends Two Spousal Social Security Claiming Strategies
The federal budget agreement that President Obama signed into law November 2, 2015, contains changes to how spouses can claim Social Security benefits, ending two strategies previously used to maximize benefits.
New Regulations Will Make It Harder to Qualify for Long-Term Care Help From the VA
The Veteran’s Administration will soon begin enforcing new regulations that make it harder to qualify for Aid and Attendance benefits.
New Rules Will Make It Harder to Qualify for Long-Term Care Help From the VA
The Veteran’s Administration will soon begin enforcing new regulations that make it harder to qualify for Aid and Attendance benefits.
IRS Issues Long-Term Care Premium Deductibility Limits for 2016
The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2016 taxes as a result of buying long-term care insurance.
Beware Medicare’s Penalties for Late Enrollment
For this reason, Medicare imposes fairly fairly significant late-enrollment penalties for those who postpone signing up. To encourage everyone to sign up when they first become eligible, the program increases premiums based on how long a beneficiary waits to enroll.
What Is Cost Basis and How Do You Prove It?
Knowing the “cost basis” of your property is important for tax purposes, but proving cost basis can be difficult.
Social Security Benefits to Remain Flat in 2016, While Millions Could Get Stuck With Huge Medicare Increases
For only the third time in 40 years, the nation’s elderly and disabled Social Security recipients will not receive an increase in benefit payments next year. However, as a direct result of this, about 30 percent of Medicare are facing a staggering 52 percent increase in premiums.
Medicare Open Enrollment Means It’s Time to Shop Around
Are you happy with your Medicare coverage? It is time to review whether your plan or plans are working for you.
Do Frequent Flier Miles Expire When You Do?
Accumulated frequent flier miles can be valuable assets, but what happens to those miles after somene dies? Can a spouse or other heirs inherit them, or do the miles simply evaporate like a contrail?
