Social Security Cost of Living Adjustment

Social Security Cost of Living Adjustment

There will be a cost of living adjustment (COLA) of the highest level in decades in 2023, as well as a decrease in Medicare Part B premiums. It is being touted as a win for the American people. According to the Social Security Administration, there will be an 8.7...
Claim Social Security at the Right Time

Claim Social Security at the Right Time

To supplement retirement income for America’s elderly population, Social Security serves as a support system. While in the workforce, you contribute monthly to this program. Once retired, you can begin collecting your social security payment. These payments...
Asset Restructuring for Long-term Care

Asset Restructuring for Long-term Care

In the last five years of life, long-term care is estimated to cost between $233,00 and $367,00 on average. Those with long-term care insurance are still paying $140,000 out of pocket. The price associated with long-term care is incredibly intimidating, and...
Embracing Retirement

Embracing Retirement

Despite not wanting to age, aging is a symbol of success when compared to the alternatives. With age comes wisdom and many years of life experience. Once we embrace aging and accept all the value that comes with it, we can age with dignity and grace. As we get older,...
A Brief Overview of SSI

A Brief Overview of SSI

In general, income refers to money received by an entity or individual in exchange for their services or products. The definition varies depending on aspects of financial accounting, economic analysis, or taxation. For the purpose of Supplemental Security...
Understanding Advance Directives

Understanding Advance Directives

Advance Directives are legal documents that provide guidance on health care and medical decisions if a person becomes incapacitated. Advance directives sometimes called “living wills,” protect individuals in the event that they are unable to make decisions...