Q: I started widow's benefits last year. Do I have to declare those payments on my income taxes? A: Yes. Social Security benefits, no matter what the type, fall under the same tax rules. Depending on your income ...
Category: All Tips for Seniors
Best Ways To Save: February 2013
The Hard Times Guide to Retirement Security Interview with author Mark Miller "Whatever the reason, most Americans before they retire have paid little attention to the huge life transition that is coming. We don’t ...
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 ...
Beware of Utility-Bill Payment Scam
Beware of a nationwide utility–bill payment scam. Under the scam, a customer may be contacted in person, through fliers, social media or text messages. The scammers claim that President Obama will pay a person's ...
When Should You Enroll In Medicare?
Failure to enroll in Medicare on time can cost you thousands in extra Medicare premium penalties during the course of your retirement. Medicare’s exhausting perplexity raises the chance of costly deadline errors for seni ...
When Age Is Affecting Your Ability To Drive
Fatal crash rates rise sharply after a driver reaches age 70. Understanding how aging is affecting your driving can help you make adjustments that allow you to continue to drive more safely, longer. Keep an eye out for t ...
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 ...
Low Cost Protein Super Foods
By Mary Johnson Eating well on a budget doesn’t mean giving up good food. You can cut your meat costs while boosting nutrition by using these protein-packed foods. Buckwheat: A must-try food for diabetics, and anyo ...
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