Tag Archives: care

What Medicare Doesn’t Cover

I’m about to sign up for Medicare Part A and B and would like to find out what they don’t cover so I can avoid any unexpected costs down the road.

Medicare covers a variety of health care services, but it certainly does not cover everything. If you need or want certain services that are not covered, you’ll have to pay for them yourself unless you have other insurance or you’re in a Medicare Advantage health plan, which may cover some of these services. Here’s a rundown of what original Medicare generally does not cover. Continue reading

5 Ways for Congress to Back Retirees

By Jennie L. Phipps · Bankrate.com

posted Thursday, January 15, 2015

  • Being old and poor in the U.S. isn’t easy — or uncommon.

In 2010, about 26 percent of people 65 and older had individual incomes that were between the federal poverty level — $10,458 — and 200 percent of the poverty level — $20,916. Another 9 percent had incomes below the federal poverty level, according to the U.S. Census Bureau.

That adds up to more than a third of people 65 and older living on less money than it takes to enjoy a secure retirement. Continue reading

Helping Children Tomorrow

Parents and children often have a different perspective on saving and spending. Parents of retirement age today were born during the Great Depression or during the 1940s and have a strong desire to save and invest in order to increase economic security.

Some of their children may have a different perspective. Because their children did not grow up during adverse economic times, they tend to consume more and save less. Understandably, many of these parents hope that their children could have greater economic security during retirement. Continue reading

Personal Tech Products Designed for Older Adults

Can you recommend any tablets, smartphones or computers that are specifically designed for older adults? I would like to buy a device for my technology-challenged grandmother so she can get online and keep up with her grandkids better, but it needs to be simplified so she can use it.

There are several new tech products on the market today that are designed specifically for older boomers and seniors that are unfamiliar or uncomfortable with technology. These devices come equipped with simplified software, big, vivid features, less clutter and better customer support packages, which makes them more appealing and much easier to use than mainstream devices. Here are several top senior-friendly options. Continue reading

Living Trust Choices

Published December 6, 2013 by The Foundation of the Tennessee and Memphis Conferences of the United Methodist Church

The living trust is becoming quite a popular estate planning strategy. It costs more than a will, but includes many features that are helpful during life and in your estate. Let’s review some of the basic principles of the living trust. Continue reading