Education Interactive Guide To State Post Secondary Governance And Finance Policies"Americans' Financial Worries Edge Up In 2016," Gallup, April 201"You Might Need Nearly 0,000 To Pay Health-Care Costs In Retirement," Robert Powell, Market Watch, February 6, 2017..On Tuesday, the Senate Special Aging Committee held a hearing titled "Changing the Trajectory of Alzheimer's: Reducing Risk, Detecting Early Symptoms, and Improving Data." Those on the Aging Committee heard from experts as well as individuals who have personal experience with the disease, including award-winning actor Marcia Gay Harden..New eligibility rules make it considerably easier for millions of applicants, including seniors under the age of 65, who are too young for Medicare, to qualify for the program. But older seniors continue to have much more restrictive and stringent asset and savings tests to satisfy before they qualify for Medicaid, because the new rules don't apply to seniors age 65 and older. This sets up inequities in benefits between seniors like Notch Babies who are in their late 80s and 90s and who are more likely to be receiving long-term care, and other people younger than 65 who will benefit from the less stringent Medicaid qualification rules. … Continued
Distribution Of Medicaid Spending By ServiceIf adopted, the Ways and Means Committee's bill would increase the federal deficit by .5 trillion over ten years and according to budget experts, the projected economic growth due to its passage would not come close to offsetting the cost. TSCL is concerned that the Tax Cuts and Jobs Act if signed into law would open the door for major cuts to programs like Social Security, Medicare, and Medicaid..Refinancing a mortgage in retirement is a "special needs" situation. TSCL highly recommends that this should be discussed with an unbiased financial advisor..At this point, the future of the Social Security tax holiday is unclear, though some believe it may resurface later this year as the Joint Select Committee on Deficit Reduction takes up the challenge of reducing the deficit by at least .2 trillion before Thanksgiving. … Continued
