The money a Social Security beneficiary receives could affects their taxes. Discover the current base amounts and tax rates for each filing status and determine if your benefits are considered taxable income.
The majority of American adults may have to continue working into their late 70s or early 80s to make sure they can cover their expenses once they stop working, says a new study from the Employee Benefit Research Institute (EBRI).
A nationwide survey reveals that most elders are (or expect to be) cared for by their family members. Nearly half of the caregivers surveyed claimed that they would benefit from some outside assistance, researchers found that only 15 percent took advantage of these kinds of programs.
Seniors and caregivers are missing out on the financial aid they can get while caring for an elder. A lack of knowledge about Medicare is causing seniors to miss out on a number of useful benefits programs and financial aid.
Programs and assistance vary widely by state and individual circumstances, but some financial help may be available for family caregivers who are looking to offset the costs of providing care for an elderly loved one.
Federal, state and local governments offer many programs, services and benefits for seniors and their caregivers, but few people know these resources exist or how to access them. This is your go-to guide for getting assistance.