Tag Archives: Social Security

2017 Social Security COLA Increase

By: Jane-Marie Schaeffer, Esq. The Social Security Administration just announced that the 2017 cost of living adjustment (COLA) will be 0.3%, resulting in an average increase of just $5.00 per month for retirees.  While small, this is better than 2016, when retirees saw no COLA increase to their Social Security checks.  However, even this modest […]
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Caring for Aging Parents

As life expectancies continue to increase, it becomes much more likely that you will need to financially help an aging parent. If you find yourself in that situation, review the tax laws to determine whether you can obtain some tax relief. The key is to determine whether you can deduct your parent as a dependent, […]
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Q&A: Medicaid Planning

There are many things to consider when applying for Medicaid and the process can be very confusing. It’s also important to start planning for Medicaid before you actually need to apply. Below are some frequently asked questions we hear from individuals regarding Medicaid planning and eligibility. Question: What is Medicaid? Answer: Medicaid is a Federally, […]
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Q&A: Special Needs Planning

With October being National Special Needs Law Month, it’s a good opportunity to answer some frequently asked questions regarding special needs planning. Question: What is Special Needs Planning? Answer: Special Needs Planning is a holistic approach to assisting individuals with special needs – such as physical or intellectual disabilities and their families with legal issues […]
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