Are Your Beneficiary Designations Up to Date?
In 2009, DuPont was sued by the estate of a deceased employee for retirement plan benefits that the company had distributed to the deceased's ex-wife upon the employee's death. Although the ex-wife allegedly waived her rights to the benefits, DuPont had honored the deceased employee's retirement plan beneficiary designations--which were [...]
Veterans Disability Benefits – An Overview
There are two disability programs that are administered by the VA: disability compensation for Veterans with service-connected disabilities, and disability pension benefits for veterans with disabilities who served during wartime. Disabilities do not have to be service-connected for disability pension benefits. Disability Compensation Veterans who have diseases or injuries that [...]
How Much Money Will You Need for Retirement?
Determining how much money you will need for retirement requires assessing your current financial situation to see if you're off to a good start--or not. You want to save enough retirement money for you to maintain your standard of living. How much you need depends on when you want to [...]
Retirement Planning – An Overview
Long gone are the days when you could look forward to living on a nice pension and Social Security when retired from the workforce. These days only federal and state employees can count on retirement income from a pension. The rest of us have to rely on good old-fashioned savings, [...]
Aid and Attendance – Long-term Care Benefits for Veterans
To help Veterans and surviving spouses with the rising cost of long-term care, there's a pension benefit administered by the VA called Aid and Attendance. Aid and Attendance provides financial assistance to individuals who need help performing daily living tasks. Veterans whose income is too high to qualify for a [...]
Eligibility Requirements for Veterans Health Benefits
Veterans health benefits are administered by the U.S. Department of Veterans Affairs (VA). Eligible veterans can receive services that may include hospitalization, prescriptions, preventative care, diagnostic and treatment services, long-term care and nursing home care. Qualifying veterans must be enrolled in the VA health system, and eligibility is contingent upon [...]
World Elder Abuse Awareness Day
Millions of elderly individuals are abused, exploited and neglected each year, and more than two-thirds of cases go unreported, according to the Administration for Community Living (ACL). The United Nations (UN) anticipates that the global senior population (age 60 and older) will reach to more than one billion by the [...]
Elder Care Referral Services – Consumers Beware
When you're searching for the right nursing home, assisted living or other senior living option, there are many questions and many decisions to be made. Many families turn to elder care referral services for help. While it may appear that these companies strive to ensure quality care and treatment for [...]