Financial
Social Security News: Social Security Announces 1.6% Benefit Increase for 2020
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- Written by John Johnston John Johnston
Social Security and Supplemental Security Income benefits for nearly 69 million Americans will increase 1.6% in 2020, the Social Security Administration announced recently.
Savvy Senior: The Long-Term Care Benefit Many Veterans Are Missing Out On
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- Written by Jim Miller Jim Miller
Dear Savvy Senior,
I have heard that the VA has a benefit that can help veterans and spouses with long-term care costs. We recently had to move my 86-year-old father — who served in the Army nearly 60 years ago — into an assisted living facility, and my mom isn’t far behind. Can the VA help?
– Seeking Aid
Social Security News: Communities Fighting Fraud
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- Written by John Johnston John Johnston
Older people are at a greater risk of fraud and other forms of financial exploitation. The United States Postal Service has seen an increase in mail fraud and is promoting community strength and fraud awareness as a way to prevent abuse.
The FAQs of Funeral Preplanning
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50plus LIFE spoke with Michael C. Baublitz, funeral director/preplanning counselor at Etzweiler Family Funeral Service in York, to get some quick answers to common questions asked by those considering a preplanned funeral.
New-Retiree Seminar to Address Medicare Concerns
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A free seminar for those nearing retirement, recently retired, or confused about choosing a Medicare plan will be held Thursday, Sept. 26, from 6-9 p.m. in Meeting Room 1 of the Penn State Extension Offices, York County Annex, 112 Pleasant Acres Road, Springettsbury Township.
Financial Focus: Achieving Financial Well-Being after the Loss of a Spouse
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- Written by Steven Brettler Steven Brettler
Losing a spouse is a traumatic event. It drains your emotions and makes it hard to focus on simple daily tasks, let alone financial matters.
How to Make Philanthropy Fit into Your Financial Plans
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- Written by John Hagensen John Hagensen
One of the universal truths is that, while money can help meet your needs and provide you with the basic necessities of life, it can’t make you happy.
Financial Focus: Your Hidden Retirement Risk: Long-Term Care
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- Written by Steven Brettler Steven Brettler
You have spent years carefully working and planning so that you have enough income for a comfortable retirement. You may think your retirement savings are protected — but have you ever considered what might happen if you or your spouse required long-term care?
COVER STORY: Making Your Medical Wishes Known
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- Written by Rochelle A. Shenk Rochelle A. Shenk
Thinking about potential medical issues and end-of-life care can be a bit daunting, but it’s important. There are legal documents, such as an advance healthcare directive, in which one can specify one’s preferences.