Financial

Department of Aging Releases Study on Financial Exploitation of Older Pennsylvanians

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The Pennsylvania Department of Aging recently released its study on the impact of financial exploitation of older adults.

2 Alternatives for Struggling Retirees Who Don’t Want to Drain Their Savings

Details: Written by Chris Orestis Chris Orestis

Financial professionals often have this word of advice when the market takes a tumble and your 401(k) and other retirement accounts lose value:

Savvy Senior: How to Get Veterans’ Funeral and Burial Benefits

Details: Written by Jim Miller Jim Miller

Dear Savvy Senior,

Does the VA provide any special burial benefits to old veterans? My dad, who has late-stage Parkinson’s disease, served during the Vietnam War in the 1960s.

– Only Child

Social Security News: Reaching Social Security during the Pandemic

Details: Written by John Johnston John Johnston

During the current coronavirus pandemic, we continue to provide help to you and other people in your communities.

Pennsylvanians Advised of Possible Contact-Tracing Scams

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The Pennsylvania departments of Health and Aging are warning Pennsylvanians about contact-tracing scams and emphasizing the need to stay alert as COVID-19 remains a community threat.

Savvy Senior: Financial Help for Retirees Affected by COVID-19

Details: Written by Jim Miller Jim Miller

Dear Savvy Senior,

Are there any financial assistance programs you can refer me to? The coronavirus pandemic has cost me my part-time retirement job and has shrunk my measly IRA account.

– Needy Retiree

Social Security News: Coronavirus-Related Medicare Scam Alert

Details: Written by John Johnston John Johnston

Since older Americans are particularly vulnerable to coronavirus (COVID-19), we want to remind Medicare beneficiaries to be vigilant and take precautions to avoid falling victim to healthcare fraud during this pandemic.

Are You So Focused on Retirement You’re Missing Out on Life?

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Mary and Pete saved every penny for retirement. They never went on vacations, they rarely went out to eat, and they lived a frugal lifestyle secure in the knowledge that when they retired, they would be able to live comfortably.