In 2023, the VA will match the Social Security Administration's cost of living adjustment (COLA), which is an 8.7 percent increase in benefits. The VA disability monthly tax-free benefit is available to qualifying former military service members who sustained injury…
In applying for Social Security Disability Insurance (SSDI), many applicants are concerned about how much their monthly payment will be if they meet the eligibility requirements. Anyone on a fixed income who can’t work due to a disability needs this…
Healthcare professionals will be familiar with the acronym LASA, which stands for "look-alike-sound-alike" and refers to medications. When it comes to federal programs, Medicaid and Medicare, in written form, look alike and they do sound alike but work very differently.…
According to a government report, Medicare and Social Security are at risk of insolvency. Social Security will have to start spending down, potentially including massive cuts in payments to recipients by 2035. Likewise, Medicare will be forced to leave patients…
Considering your financial well-being before retiring or leaving your full-time employment is imperative before making such a decision. The transition to your next phase of life, whether full or semi-retirement, adventure-seeking, or family driven, requires thoughtful planning to avoid needless…
Medicaid is an important federal-state partnership program offering health care and long-term care to seniors and people with disabilities. Qualifications for Medicaid vary by state, with overarching federal guidelines. The Kaiser Family Foundation (KFF), a nonprofit organization focusing on national…
FLTCIP may be of interest to federal employees, postal workers, and active or retired members of the armed forces. First, the basics of long-term care: it isn’t professional medical care, it isn’t seeking recovery or a cure. It includes home…
The number of Americans providing care for a family member who is older has reached a record 53 million. About 17 percent of the US population is a family caregiver, and most are losing sleep, worrying, losing income, and struggling…
A parent who is aging may lose the ability to make informed and meaningful decisions about his or her future. This growing inability may occur due to Alzheimer’s disease, other forms of dementia, mental illness, stroke, brain injury, or other…
Smartphones, computers, and other technology are frequently used by Gen Xers, Millennials, and Gen Zs. So, technology is often not the first thing in mind as a gift for older parents and grandparents. Yet, technology is helping millions of seniors overcome…