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Could Medicaid recovery rules come to an end?

Could Medicaid recovery rules come to an end?

May 20, 2024

Amid recent reports from such prominent news outlets as The New York Times and Associated Press about the negative impact of Medicaid estate recovery on families, the idea of ending this practice altogether has resurfaced. What Is Medicaid? Medicaid is a public...
Senators propose boosting seniors’ Social Security benefits

Senators propose boosting seniors’ Social Security benefits

May 13, 2024

Millions of seniors nationwide are among those who rely on the financial support they receive each month via their Social Security benefits checks. However, many say that these payouts have failed to keep up with inflation and the escalating prices of basic goods and...
Promoting healthy aging during Financial Literacy Month

Promoting healthy aging during Financial Literacy Month

Apr 29, 2024

As April marks Financial Literacy Month, it is an excellent time to start improving your financial literacy. Gaining financial savvy can help you handle the challenges and complexities of aging. Although sometimes overlooked, financial literacy is a critical component...
The Medicaid penalty period, and possible ‘undue hardship’

The Medicaid penalty period, and possible ‘undue hardship’

Apr 16, 2024

If you are planning to apply for Medicaid, you might not realize that you should think twice before transferring any of your assets. If you transfer assets within five years of applying for Medicaid, you could in fact face a penalty period. During this time, you would...