A $1 donation to the Supplemental Nutrition Assistance Program (SNAP) provides up to $60 in benefits to seniors.
You’ll need a retirement plan that’s flexible as you age. A financial adviser can help.
Making some changes in how and where you live in retirement will influence how long your money will last.
With long-term care, women currently account for two-thirds of all claims, so they are actually a bigger risk to the insurance company than males.
Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
For those of you who believe that charity begins at home, a type of gifting takes place this time of year. It’s gifting, typically to family members, using the annual gift tax exclusion.
On the retirement income front, it may make more sense to spend retirement savings upfront to delay Social Security benefits until a point somewhere between full retirement age and age 70.
For seniors who have a defined benefit plan or pension plan, the pension payout options typically offer lump sum, single life and joint life options.
An initial 5 percent withdrawal rate from a retirement portfolio is risky; 6 percent or more is gambling.
Delayed retirement credits are earned when workers delay receiving benefits after their full retirement age up to age 70.