Some Older Adults May Qualify for a New $6,000 Tax Break
As of the 2025 tax year, many older Americans may realize a new tax benefit thanks to a provision in the One Big Beautiful Bill Act.
As of the 2025 tax year, many older Americans may realize a new tax benefit thanks to a provision in the One Big Beautiful Bill Act.
Existing Social Security Disability Insurance (SSDI) rules grant specific accommodations based on age, particularly for workers over age 50. However, changes to these age-related criteria could significantly increase the number of older adults whose disability benefits applications are denied.
Understanding why long-term care insurance denials happen and how to avoid them can save families significant stress and expense.
Many people assume they will never need long-term care. However, nearly 70 percent of adults age 65 and over will require such services at some point in their later years. Long-term care insurance (LTCI) can help older adults afford the long-term care services they may one day need.
Medicaid permits the healthy spouses of Medicaid patients who need long-term care services to retain limited resources to keep them from becoming impoverished.
The Centers for Medicare & Medicaid Services (CMS) has announced the Medicare premiums and deductibles for 2026.
Nearly half a million Americans over the age of 80 are still working. For some, the choice to keep working is about staying active and engaged. For others, it's necessary.
This past August, Bruce Willis's wife, Emma Heming Willis, revealed that Bruce had moved into a nearby one-story home staffed with full-time caregivers.
The Social Security Adminstration urges all recipients of Social Security, Supplemental Security Income (SSI), and other government benefits to switch to electronic payments as the agency transitions away from paper checks.
People born in 1960 who are turning 65 in 2025 are not yet eligible for full retirement benefits. They must wait until 2027, when they turn 67, to claim their full monthly benefit.