HUD Makes Reverse Mortgages a Little Less Attractive
The Department of Housing and Urban Development has announced changes to the federal reverse mortgage program that will raise reverse mortgage fees for some borrowers and lower the amount homeowners can borrow.
Be Aware of the Kiddie Tax Before Leaving an IRA to Children
Grandparents may be tempted to leave an IRA to a grandchild because children have a low tax rate, but the “kiddie tax” could make doing this less beneficial.
You Can Pay Your Medicare Premiums Online
Online bill paying has become a popular way to make paying bills easier, and now you can pay your Medicare premiums online too.
Retirement Savings Program for Lower-Income Earners Is Ending
The Trump administration is ending an Obama program that was designed to be a starter retirement savings account for low- and middle-income workers.
Why You Should Use a Lawyer for Medicaid Planning
An attorney can help you save money in the long run as well as make sure you are getting the best care for your loved one.
Take These Three Steps When Your Child Turns 18
When your child reaches the age of 18, you no longer have the same level of access to, or authority over, his or her financial, educational and medical information. There are steps you can take to make sure your child is protected.
Don’t Let Health Care Providers Use the Improvement Standard to Deny Medicare Coverage
Many health care providers are still not aware that Medicare is required to cover skilled nursing and home care even if a patient is not showing improvement.
Using a Prepaid Funeral Contract to Spend Down Assets for Medicaid
In addition to helping your family after your death, a prepaid funeral contract can be a good way to spend down assets in order to qualify for Medicaid.
Long-Term Care Scorecard Finds States Have Room for Improvement
A new report finds that states have made incremental improvements in providing long-term care, but need to achieve more gains in order to meet the needs of the growing number of people who require long-term care services.