WASHINGTON — With the IRS announcing that tax season begins on January 26, there are a number of important changes that older Americans will be able to take advantage of this year, in part thanks to AARP’s advocacy. The One Big Beautiful Bill Act increased inflation adjustments for the standard deduction, and a new bonus senior deduction will allow tens of […]
Americans lost $16.6 billion to scams in 2024; $4.8 billion was stolen from seniors Senators and Senate Aging Committee members Mark Kelly (D-AZ), Kirsten Gillibrand (D-NY), Rick Scott (R-FL), and Ashley Moody (R-FL) introduced the bipartisan National Strategy for Combating Scams Act, legislation that would require the Federal Bureau of Investigation (FBI) to develop a coordinated national strategy to combat scams, incorporating […]
Phoenix, AZ — Beginning October 1, 2025, four health plans will be covering services for Arizonans enrolled with the Arizona Long Term Care System-Elderly and/or Physically Disabled (ALTCS-EPD) program. This announcement is made possible by a settlement agreement that awards 3-year contracts, with options to extend, to each of the four health plans which are Arizona Physicians IPA, Inc. (dba […]
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 […]
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 […]
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