Federal Government Seeks to Improve Long-Term Care Industry

The Biden Administration has directed federal agencies to improve access to high-quality, affordable long-term care for seniors, people with disabilities, and veterans. Citing a 40 percent increase in the cost of long-term care over the past decade, the...

Can Your IRA Benefit Both Your Heirs and Charity?

Question: Do you want to use your IRA to help a charity and also benefit your heirs? If yes, then instead of leaving your IRA directly to your children, you can leave it to a charitable remainder unitrust (CRUT) while still benefiting your children. Under the SECURE...

Seniors Face Loss of Buying Power

Inflation affects all consumers, but older Americans are facing an especially dramatic loss of buying power. A recent survey by the Senior Citizens League shows that Social Security benefits have seen a 36 percent loss in buying power since 2000. That number is...

Innovative Long-Term Care Housing Solutions for Seniors

The population of seniors over 65 is expected to increase exponentially over the next decade. A study by the Office of Policy Development and Research exposed the country’s unpreparedness for housing the aged population. America has three major housing issues for...