Money

You are never too young to begin saving. Younger workers may think they have time to put off saving for their future, but the sooner they begin, the more their money can grow. Visit and share the Social Security website for young workers at ssa.gov/people/earlycareer where you will find resources that can help you secure today and tomorrow. ...

Elder law planning is concerned with ensuring that seniors live long, healthy and financially secure lives. It usually involves anticipating future medical needs, including long-term care. Estate planning is for everyone of all ages. Estate planning attorneys help you determine what will happen to your assets after you die. ...

With proper legal planning, it is possible for a person to preserve a significant amount of assets for their family and still qualify for Medicaid. Timing is essential when planning for long-term care. The sooner you begin the planning process, the more you will be able to preserve for your family. ...

Just like a virus in the real world, internet criminals capitalize on our bad habits. They want us to open unsolicited emails and text messages so they can steal our money and identities. They count on us to take scam bait because it’s written in such a way to make us fearful, angry or sympathetic to a situation. ...

Did you know that you can apply for Medicare online even if you are not ready to retire? And it takes less than 10 minutes! If you want to start receiving Medicare at age 65, you must apply for Medicare no earlier than three months before your 65th birthday and no later than three months after that birthday. ...

Some people who receive monthly Social Security benefits or Supplemental Security Income payments may need help managing their money. When Social Security learns you need help, they'll help you find the most suitable representative payee to manage your benefits. A representative payee receives your monthly benefit payment on your behalf and must use the money to pay for your current needs. ...

Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Federal benefit rates increase when the cost-of-living rises. This change means prices for goods and services are a little more expensive, so the cost-of-living adjustment (COLA) helps to offset these costs. ...

1983 was the last time that recipients of Social Security benefits saw a cost-of-living increase steeper than the one just announced for 2022. This coming year, benefits will rise 5.9 percent, the sharpest upsurge since 1983’s 7.4 percent jump for Social Security disability and retirement recipients. ...