Plan For Taxes on Your Social Security Benefits Two out of three seniors said they paid taxes on their Social Security benefits during the 2013 tax season that ended April 15th, according to a recent TSCL poll. And t ...
Category: Savings Tips
Best Ways To Save: June 2013
How Credit Cards Are Sold Online – Including Mine By Mary Johnson, Editor Your credit card may have been stolen and sold and you don't even know it – at least, not yet. Chances are you won't learn about ...
Ask the Advisor: Am I obligated to pay for medications that I did not order?
Q: I order my prescriptions through the mail to save money. Recently when my expensive brand drug went generic, I switched to a new, less expensive, drug plan. Shortly thereafter, I received an unordered shipment of the ...
Best Ways To Save: April/May 2013
Insurance for Old Age: Are Annuities A Good Idea? Having income to supplement Social Security benefits that lasts your entire life, no matter how long you live, is a challenge for many seniors. If you don't get a siza ...
Can You Be Held Responsible For Parent’s Nursing Home Tab?
Benefit Bulletin: January 2013 Can You Be Held Responsible For Parent’s Nursing Home Tab? Although much of the recent debate is focused on Medicare, seniors and their adult children have almost as much at stake in th ...
Best Ways to Save: November 2012
Eight Ways to Lower Your Prescription Costs Starting a new medication can sometimes take you by surprise when drug plans don't cover the drug or charge higher co-pays than you can afford. If you're having trouble cov ...
The Three Fastest Growing Senior Costs
What You Can Do To Cut Them Over the past decade three common senior costs have grown far faster than all the rest. Here are the top three and a few strategies for reining them in: 1. Medicare Part B Premiums - Gro ...
Is It Safe To Refinance A Mortgage Once Retired?
Q: Is it safe to shop for senior housing or to refinance a mortgage for overdue renovations of an older home, or should we focus of paying off the mortgage of an existing home? I’m still working and I’ll turn 62 this yea ...
The Three Biggest Social Security & Medicare Mistakes
(And what you can do to avoid them) Eighty-six percent of workers in their 60s say they plan to work past age 65 according to the Transamerica Center for Retirement Studies. But for seniors who keep working, learning ...
Four Secrets to Maximizing Your Social Security Benefit
The majority of seniors depend on Social Security for at least half of their income. Given its importance to your budget, it’s critical to get the biggest benefit that you’re entitled to. Most seniors don’t know how, and ...