CMS's Updated Financial Guidelines for Community Spouses in 2020

The Centers for Medicare and Medicaid Services have just released their guidelines regarding the “community spouse” for 2020. A “community Spouse” is the spouse of a Medicaid recipient who is living in a nursing home. There is an allowance threshold that applies to the community spouse, known as the CSRA or community spouse resource allowance […]

Social Security- Is There a Right and a Wrong Time to Collect?

Knowing when to claim social security can be a confusing scenario. Many would be retirees don’t realize the repercussions of collecting too early. “The consequences of claiming Social Security too early can be big. The report found that collecting benefits at the wrong time causes retirees to collectively lose $3.4 trillion in potential income (an […]

Is a Pre Paid Funeral Plan Right for You?

As we get older, and perhaps having to plan a funeral for a loved one ourselves, many people are thinking far ahead and planning and pre-paying for their own funerals. If you have had to go through the process of planning a funeral for a loved one that has passed, you know how difficult it […]

What exactly is SSDI?

It is easy to confuse Supplemental Security Income aka SSI with Social Security Disability Insurance, aka SSDI. SSI is for people with disabilities that have minimal means; SSDI is an insurance program that is available to qualified workers with disabilities regardless of their resources. SSDI pays cash benefits to those who are unable to work […]

Are Wanderlust and Retirement Crossing Paths for You?

Do you dream of retiring to some foreign land? Maybe in South America, Europe or perhaps the Carribean? It isn’t uncommon. As reported recently in an article by The Week, “As of April 2019, the Social Security Administration was sending 685,000 payments to beneficiaries overseas — a 40 percent increase over the past 10 years”. […]

Have you Planned Your Celebration of Life?

Okay so we’re happy you are reading this- we understand there are a million things out there you’d instead be reading- heck doing- other than reading about the importance of planning your funeral. First of all, calling it a “Celebration of Life” makes it less morbid and more comfortable for people to relate to (think […]

How Can I Keep my Home Safe from Medicaids’ Grip

A common perception of applying for Medicaid and moving into a nursing home is that you will lose your home. While you aren’t required to sell your home to qualify for Medicaid nursing home care, the state could potentially make a claim against your house upon your passing. People’s first inclination is often to give […]