Latest News
Wyoming Is New Hot Spot for Retirees Searching for Financial Safe Harbor
Wyoming is a far better financial safe harbor for retirement than Sunbelt states that retirees typically flock to, according to a new study from the National Institute on Retirement Security. Read more… Notice: The “Read more…” link provided above…
Enyart: Protect Medicare from cuts
U.S. Rep. Bill Enyart called on Congress this week to preserve Medicare funding ahead of proposed budget cuts for the upcoming fiscal year. “Simply put, we cannot balance the budget on the backs of our seniors, many of whom have spent…
How much do people need for health care in retirement? Probably double what they think
A survey from Fidelity Investments asked pre-retirees (ages 55-65) how much they will need for health care in retirement, and about half guessed they would need $100,000 per couple. The actual cost will be double that, at about $220,000, according to the…
Amid gridlock, lawmakers focus on constituent woes
Suffering from a spinal cord injury, uninsured, his medical bills piling up, he was in danger of losing his Las Vegas house and he was sitting in the dark because he couldn’t afford to pay his power bills. His life had become welfare,…
It’s financially advantageous if you can avoid the temptation to take Social Security early
I turned 62 a few months ago — which means I could claim Social Security. That doesn’t mean I plan to sign up for benefits. If I were to take Social Security at 62, I’d have to accept a 25…
Retirements drain Congress of leaders amid frustration over gridlock, dysfunction
An exodus this year on Capitol Hill is creating a void in Congress, with some of its most experienced and skillful lawmakers suggesting the partisan gridlock is finally taking a toll. The announcement this week by GOP Rep. Dave Camp, chairman…
Aging takes a toll on medical sectors, too
As of March 25, the county’s 911 center has dispatched 4,411 medical emergency calls so far this year. That’s an average of 53 calls per day. According to Randy Dawson, Beaver County Emergency Services deputy director, approximately 353 EMS calls were for “Priority…
IRAs, Medicare and Annuities: Recent Changes You Need to Know About
Recent court rulings and regulatory filings contain some important news for households with individual retirement accounts, Medicare beneficiaries with chronic conditions, and owners of variable annuities that generate a guaranteed income. Here’s a roundup of the recent developments and guidance on…
Boomers and Millennials: Bridging the Generation Gap
Four weeks ago, I turned 65, along with 10,000 other baby boomers. Another 10,000 will cross that threshold tomorrow. This will keep happening every single day between now and 2030. We don’t know what old age holds for us individually,…
Fact sheet: Medicaid & CHIP: February 2014 Monthly Applications, Eligibility Determinations, and Enrollment Report
Today CMCS is announcing that in February, an estimated 3 million additional individuals enrolled in Medicaid and CHIP. This announcement comes as part of the release of the fifth in a series of monthly reports on state Medicaid and Children’s…