How to protect yourself if Medicare says your personal information has been exposed. The Centers for Medicare & Medicaid Services (CMS) is notifying almost a million beneficiaries whose personal information may have been compromised in a contractor’s data breach last…
After much anticipation, the Treasury Department and the Internal Revenue Service (IRS) have issued final regulations relating to the 10-year required minimum distribution (RMD) rule for people who inherit individual retirement account (IRA) assets. The newly published guidelines generally reflect what the…
In recent years, researchers have been finding potential links between feelings of loneliness and negative health outcomes. Feeling lonely may put you at greater risk of premature death, serious health problems, and higher suicide rates. For many, the COVID-19 pandemic made…
Estate planning involves creating a plan for where – and to whom – your assets will go upon your death. The process can include making a will, designating which of your loved ones should receive your retirement accounts and life…
We are living through what’s been called the largest intergenerational wealth transfer in history. Tens of trillions of dollars are set to change hands between older and younger Americans over the next 20 years. More and more elders are choosing…
Amazon Pharmacy will expand its subscription service to enrollees of Medicare insurance plans, the company announced Tuesday. The expansion will be available to more than 50 million Medicare beneficiaries, who will have access to RxPass, Amazon Pharmacy’s subscription prescription service, the…
Research shows that roughly one in seven adults aged 65 or older will need long-term care at some point in their later years. Meanwhile, tens of millions of Baby Boomers in the United States are growing older and living longer. It seems…
Often an aging parent will lose their ability to think clearly or make informed decisions about their life. This may occur because of dementia, mental illness, stroke, brain injury, or other severe health or disability conditions. Your parent may or…
The FBI Houston Field Office is warning people to be aware of elder scams as they see a concerning increase in cases. Since 2021, elder scams have increased by over 400%, leading to a loss of $1.2 billion in 2023…
An algorithm, not a doctor, predicted a rapid recovery for Frances Walter, an 85-year-old Wisconsin woman with a shattered left shoulder and a respiratory condition that made it hard to breathe. In 16.6 days, it estimated, she would be ready…