Four Key Medicare 2025 Changes You Need to Know
Takeaways
Updates to Medicare coverage in 2025 include higher costs for Parts A and B, a new option to pay for Part D prescription drugs on a monthly basis, and a cap on out-of-pocket costs for prescription drugs. In addition, Medicare…
Staying Safe in Winter Weather: Tips for Older Adults
Winter can be an enjoyable time of the year, with holidays, time with family, and winter scenery. But it can bring challenges, especially for older adults. Keeping a home warm enough can be expensive, staying warm while outside is more…
The Social Security Fairness Act: Will It Affect You?
Takeaways
President Biden has signed legislation that will boost monthly benefits for nearly 3 million people in 26 states who rely on Social Security.
The Social Security Fairness Act abolishes two decades-old rules that have reduced or altogether axed benefits for some…
New Law Supports Home Care, Caregivers for Military Veterans
Takeaways
Legislation signed in January 2025 seeks to secure better access to home- and community-based care for military veterans.
The bipartisan Dole Act also focuses on coordinating assistance for family caregivers of veterans.
On January 2, 2025, President Biden signed into law the…
Estate Planning in the Face of Natural Disasters
Takeaways
Natural disasters such as wildfires, floods, and hurricanes highlight the importance of disaster preparedness in estate planning.
Such events can destroy crucial estate planning documents, leading to complications like probate delays, disputes, and difficulty accessing medical care. Proactive steps that include…
When, Why, and How to Talk About End-of-Life Care
Takeaways
Having an open, honest discussion with your loved ones about what you would prefer for your end-of-life care can be helpful in preparing for the unexpected.
Talking about death, especially one’s own death, remains a topic that most people avoid thinking…
Transfer-On-Death Accounts: A Useful Estate Planning Tool
Takeaways
A transfer-on-death (TOD) account may be a simple and straightforward way for you to pass your wealth or property on to your loved ones after your death.
TOD accounts can help your loved ones receive your financial assets upon your death…
Will You Owe a Gift Tax This Year?
The rules surrounding taxes on gifts often create confusion. With the 2025 tax season kicking off, be sure you understand the nuts and bolts of the gift tax, including when a gift tax form needs to be filed.
What Is the…
Deducting Long-Term Care Insurance Premiums in 2025
The population of older adults in the United States has been growing steadily in recent years. According to the U.S. Census, the number of Americans who are age 65 and older grew more than 9 percent in just three years,…
What to Know About Medicare Annual Wellness Visits
Medicare is a program with many benefits but also with a great deal of complexity. Knowing about the options available to Medicare beneficiaries will help you understand and navigate the system. Let’s look at Medicare’s annual wellness visits.
What Are Annual…
