In a recent post, we promised a follow up on Achieving a Better Life Experience (ABLE) accounts. These savings accounts allow those with disabilities to better plan for future needs without affecting disability benefit eligibility.
A comment from a recent press conference caught our attention. In discussing new grants designed to foster innovative ideas to improve life past 50, Governor John Hickelooper shared this line, "Some say, 'young people, they've cornered the market on innovation.' Not."
Talking about end-of-life issues is not a popular pastime, so it might not come as a surprise that many adults do not have advance directives expressing their end-of-life wishes. The scale is staggering however. A recent analysis by a researcher at the University of Pennsylvania put the number at nearly two in three American adults.
In Colorado, conservatorship allows a conservator/fiduciary to handle the financial matters of an incapacitated person, the protected person.
Medicaid provides health care insurance for 4.6 million seniors across the country, including long-term care costs. Most of these seniors also receive some medical benefits from joint enrollment in Medicare.
A sheepish admission from a grandmother that she had been swindled of her savings launched a Washington state stay-at-home mother into action and advocacy.
A New York Times book review had an especially personal tone. The reviewer is living with an advanced cancer diagnosis and grappling with care decisions.
Add it to idk, lol and tmi? Or maybe this acronym never reaches the same prominence in pop culture. But it does relate to an important topic for any couple with young children that is all too often overlooked.
When do financial decision-making abilities peak? It is probably much early that you’d imagine. Studies have found that it is the mid-50s. Then skills begin to deteriorate. “The older the wiser” adage doesn’t translate to managing finances.
It’s hard to believe that it was almost two years ago when we first wrote about ABLE accounts. While similar to college savings accounts, these accounts allow those with disabilities to have savings accounts without affecting Supplemental Security Income (SSI) and Medicaid eligibility.