Category: Elderly

Banks Are Becoming Bulwarks for Vulnerable Seniors

The New York Times – Business:
Older Americans are losing billions of dollars annually to financial exploitation. Banks and investment firms are training employees to spot red flags and stop the transactions.
4 Ways to Enjoy Your Savings in Retirement Without Going Broke

The New York Times – Business:
Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
Should Drug Companies Be Advertising to Consumers?

The New York Times – Business:
Aging means “becoming a target” of the industry, one expert said. After decades of debate, politicians of all stripes are proposing bans.
To Stay in Her Home, She Let In an A.I. Robot

The New York Times – Business:
At 85, Jan Worrell lived alone on a remote corner of the Washington coast. Could ElliQ become her companion?
How to Prevent Aging Parents and Relatives from Making Financial Mistakes

Getting family members to listen to you when you think they are headed down a dangerous financial path can be difficult. But there are preventive steps you can take.
Retirement 2026 by the Numbers

As the new year begins, savings have hit unprecedented levels, but rising health care costs and growing poverty make retirement unaffordable for many.
Social Security Disability, a Financial Protection for Some Workers, Is at a Crossroads

The benefits provide important economic support for older people who cannot work. The White House recently halted changes to the program that had worried some experts.
What to Know About the Nearly 10% Climb in a Key Medicare Expense for 2026

The rapidly rising premium for Part B, which covers retirees’ outpatient services, reflects the fast pace of growth for health care costs nationally.
What to Know About the Nearly 10% Climb in a Key Medicare Expense for 2026

The rapidly rising premium for Part B, which covers retirees’ outpatient services, reflects the fast pace of growth for health care costs nationally.
Why Medicare Recipients Should Check Their 2026 Drug Plans Now

Fall enrollment is on. Some plans are raising premiums for Part D, which covers prescriptions, by $50 or more per month, while others are lowering them.
Social Security Announces a 2.8% Cost-of-Living Increase for Beneficiaries

Recipients, including retirees and their spouses, as well as those who receive disability benefits and Supplemental Security Income, will see the additional benefit starting in January.
U.S. Health Workers Recalled From Shutdown Furlough for Medicare, A.C.A. Enrollments

A federal agency said its employees would return on Monday, with the costs paid by user fees collected from researchers.