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Social Security Announces 1.6% Benefit Increase for 2020

Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6% in 2020, the Social Security Administration has announced. The 1.6% cost-of-living adjustment (COLA) will begin with... — Updated 4/10/2020

 

Don't Put Me in a Nursing Home

Over the years, I've heard many people state such things as, "I will never put my loved one in a nursing home," and "I promised them that I would care for them at home until the... — Updated 8/11/2019

 

Is Medi-Cal Planning Ethical?

As in any area of consumer spending, knowing what to look for and what strategies to use in arranging for paid care services can save money. Medi- Cal planning allows many seniors... — Updated 6/11/2019

 

Few Bitcoin Fans among Seniors

Retirees are not famous for being major risk-takers. In fact, quite the opposite is true with those in their age bracket. That said, it's surprising to learn that one third of them... — Updated 6/11/2019

 

Seniors Face Economic Barriers to Better Health

America's seniors are seeing improvements in clinical care but are facing significant economic barriers to better health, according to the key findings from United Health Foundation... — Updated 10/9/2017

 

Social Security Administration Changes System... Again

America's Social Security system appears to be holding to the old adage - If at first you don't succeed, try, try again. Last August, the Social Security Administration implemented... — Updated 10/9/2017

 

FINRA Files Rule Proposal with SEC to Protect Seniors

The Financial Industry Regulatory Authority (FINRA) submitted to the Securities and Exchange Commission (SEC) proposed rules addressing the financial exploitation of seniors and other vulnerable adults. FINRA is proposing... — Updated 10/27/2016

 

Securities Helpline for Seniors Helps Prevent Fraud

The Financial Industry Regulatory Authority (FINRA) released a year-end report on the FINRA Securities Helpline for Seniors 1-844-57-HELPS, which has fielded more than 2,500 calls and helped investors recover nearly $750,000 in... — Updated 1/22/2016

 

Reverse Mortgage Program to Help Seniors Facing Foreclosure

Keep Your Home California has launched a new pilot program to help low and moderate-income senior homeowners avoid foreclosure on their reverse mortgages. Senior homeowners who are... — Updated 3/18/2015

 

Millions to be Penalized by ObamaCare Tax

About 6 million people will pay a penalty in 2016 because they lack federally mandated health insurance, a new analysis shows. The previous estimate was that about 4 million people would be hit with the health insurance “tax” in... — Updated 1/9/2015

 
 By Nancy Vigran    Finance

To Buy or Lease Your Next New Car?

Many years ago, when you needed a new car, you bought one. There was no such thing as a private lease. In more recent years, leasing has become a popular option. But it is not for everyone. “There is a very narrow group of p... — Updated 8/21/2014

 
 By Larry Kast    Finance

Secrets to saving money at Costco

While it can be hard to find a great deal these days, sometimes knowing a few 'secrets' can help. Even at a place like Costco. Although most shoppers know that buying in bulk on som... — Updated 8/21/2014

 

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