Financial
Social Security News: Social Security Announces 1.3% Benefit Increase for 2021
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- Written by John Johnston John Johnston
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3% in 2021, the Social Security Administration announced in October.
How America Wants to Be Buried in 2020
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Earlier this year, Choice Mutual surveyed 1,500 people over age 18 in the United States on their burial preferences. The following information represents some of their findings.
Free Online Tool Helps Older Adults Find Medicare Coverage
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As Medicare Open Enrollment nears, the National Council on Aging has launched a modernized version of its My Medicare Matters online tool that simplifies the often-confusing process of choosing a Medicare plan.
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
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- 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
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- 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
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.
Social Security News: Reaching Social Security during the Pandemic
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- Written by John Johnston John Johnston
During the current coronavirus pandemic, we continue to provide help to you and other people in your communities.
Savvy Senior: Financial Help for Retirees Affected by COVID-19
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- 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