Business

Senior Citizen Challenges with Social Security

Recent changes to Social Security are poised to impact senior citizens in several significant ways:​ 1. Cost-of-Living Adjustment (COLA): In 2025, Social Security and Supplemental Security Income (SSI) benefits will increase by 2.5%. This adjustment aims to help beneficiaries keep pace with inflation. However, projections indicate a lower COLA of 2.2% for 2026, which may not fully align with actual […]

Finance

Caring.com Study Finds 4 in 10 Americans Don’t Think They Have Enough Assets to Create a Will

2024 Wills & Estate Planning Study highlights how fewer Americans are planning their estate because they don’t think they have enough assets to pass onto their heirs — with 14% more citing this reason since last year CHARLOTTE, N.C., Jan. 22, 2024 /PRNewswire-PRWeb/ — Caring.com, a leading senior living referral service and the nation’s top site for senior care reviews, published its annual Wills […]