2017 Social Security Benefit Figures
Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2014 through the third quarter of 2016, Social Security and Supplemental Security Income (SSI) beneficiaries will receive…
How Older People Can Head Off Dangerous Drug Interactions
Potentially serious drug interactions are a daily threat to older people who take multiple medications and supplements, according to the U.S. Food and Drug Administration. One drug can affect the…
Medicaid Expansion Has Improved Financial Health of Low-Income Americans
Extension of Medicaid eligibility under the Affordable Care Act has not only shielded low-income Americans from out-of-pocket medical costs, but has also improved their overall financial health. That’s what researchers…
DIY (do-it-yourself) Will Creates Problems in Mississippi
A good estate plan includes a will that describes how assets will be left to your heirs or others. State law describes how a will must be prepared in order…
Average Retiree Will See Social Security Benefit Decrease
The Medicare Board of Trustees report released last month calls for Medicare premiums to inflate by 22.3 percent, increasing the 2017 Part B premium to $149 per month from $121.80…
Celebrating Sixty Years of Social Security Disability Insurance
When President Roosevelt signed the Social Security Act in 1935, he saw it as an innovative way to provide economic security for American workers. His advisers also envisioned disability insurance…
When Seniors Stop Driving, Social Isolation Looms
Many adult children are quick to suggest to their elderly parents that they should quit driving. However, a recent study found that when elderly drivers have to stop getting behind…
House Passes Senior$afe Act to Prevent Financial Exploitation
The House of Representatives has passed a bill that would make it easier for financial advisors to report financial abuse of the elderly. The Senior$afe Act of 2016 (H.R.4538) would…
Why Name Your Doctor in Your Health Care Directive?
The Mississippi health care power of attorney, or “Advance Health Care Directive,” contains a section where you may give the name, address and phone number of your primary physician. Why…
When a Trust Doesn’t Count for Medicaid Eligibility
Donna came in to talk about how to pay for her mother’s nursing home care, specifically Medicaid eligibility. She was concerned that her mother, Evelyn, had been named beneficiary of…
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