Advice To Make Staying At Home More TolerableYou may possibly qualify for a divorced spouse Social Security survivor's benefit that would be the same as what a widow would get, but you have a number of options that you need to carefully think through. If you receive survivors benefits as a divorced spouse now, you can switch to your own retirement benefit later if it is higher than your widow's benefit.."When family caregivers don't get the support they need, and few get enough, they are faced with leaving their jobs, taking on significant debt, or moving their loved ones out of their homes and into costly assisted living facilities," Cates notes. TSCL believes this growing problem must be addressed to enable older and disabled Americans to live with dignity in their homes and communities. TSCL encourages the public to contact Members of Congress and ask elected lawmakers to support the Credit For Caring Act. To learn, more visit..The good news is that while Covid-19 continues to kill close to 1,000 Americans a day, advances in medical care and the growing experience of doctors are improving the chances of survival for those who develop dangerous cases of the infection, according to a report in Bloomberg News. … Continued
Patient Education Preparing For Your HysterectomyAccording to most projections the change would cut benefits by about 7% over 25 years for current beneficiaries. But that estimate doesn't include the full cost of the cut for new retirees. Baby Boomers who have not yet turned age 60 would be hit particularly hard because the COLA is used in the Social Security benefit formula to adjust average monthly earnings once a person turns 60. The adjustment is automatically applied even if people haven't yet filed a claim for benefits. The COLA adjustments along with a delayed benefit credit helps to boost initial benefits of people who delay benefits and work longer..On Wednesday, Sen. Michael Enzi and Rep. Tom Price Chairmen of the Senate and House Budget Committees released their fiscal 2016 conference budget resolution. Shortly thereafter, House lawmakers passed it along party lines, with a vote of 226-197..Adding a mortgage once you've retired adds a big monthly expense and it's a decision that you may want to discuss with an independent financial advisor. … Continued