Aging solo is about those individuals who are widowed or not married, live alone, and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get
Retirement
When President Biden used his first veto (less than 60 days after his party no longer controlled both houses of Congress), the media reported on the event with much fanfare. That it had to do with a very narrow subject didn’t matter. But was all the chest pumping justified? Could it be that the issue
There is no denying the Biden Administration is pro working families. Take the Infrastructure Act which focuses on onshoring, bringing and keeping jobs in the US. Take another look at the Federal Trade Commission taking a pro-worker leap by exposing non-compete clauses – clauses which prevent millions of working from taking a job at higher
Marcia S. Wagner, Esq., President/Founder of The Wagner Law Group in Boston, is one of the nation’s most notable ERISA attorneys. She founded The Wagner Law Group over 25 years ago after a decade of practicing employee benefits law. She graduated summa cum laude and Phi Beta Kappa from Cornell University and is a graduate
Medicare Advantage plans increasingly are using artificial intelligence and related tools to determine which care is approved for coverage. Algorithms and artificial intelligence determine care in many plans and are driving denials of coverage to new highs, according to a study by STAT. The case for using AI is that the tools can process more
Over the years there has been the debate on whether privatizing Social Security is a good idea. Back in 2005, former President George W. Bush was presenting the idea of partially privatizing Social Security on the basis that people could earn a better investment return in the market thereby solidifying their retirement portfolio. This change
By Richard Eisenberg, Next Avenue Personal finance journalists and advisers have often discouraged people from buying annuities for retirement income because the financial products can be complicated and laden with high, hidden fees. But rising interest rates are now making a particular type of annuity — known as a Multiyear Guaranteed Annuity or a MYGA
Looking for something to do that brings in extra money? You’re not alone, no matter what your age. But when you’re retired, finding a side hustle can be both a challenge and easier than ever. How many senior citizens have side hustles? Every month, “nearly 300,000” people start some sort of side hustle. That’s based
There are pros and cons to living anywhere. Before you quit your job (retire), list your house, and move your life across the country, take a deep breath and ask yourself the questions we cover in this post. As a Los Angeles Financial Planner, I often speak with people looking to save on taxes and
The Saving Problem Secure 2.0 Aimed to Solve Secure 2.0 is a pension reform package passed at the end of last year with provisions to lower taxes on retirement savings for high earners and to expand coverage and retirement savings. At least, that was a hope. My colleague and I, Siavash Radpour, Research Director at
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