Retirement

Share to Facebook Share to Twitter Share to Linkedin Social Security benefits and Supplemental Security Income (SSI) benefits will increase by 2.5% in 2025 for more than 72.5 million Americans. On average, Social Security retirement benefits will increase by about $50 per month starting in January. Nearly 68 million Social Security beneficiaries will see a

By Vanessa Infanzon, Next Avenue In 2001, a YMCA in Brooklyn hired a husband-and-wife team of television producers, Stephanie Walter and John Williams, to help 15 high school students pull together a film about retired seamen living at the YMCA’s residential facility. The class’s final project, a one-hour documentary called “Sea Story,” was so well

The Medicare Prescription Payment Plan, also known as MPPP, MP3 or M3P, is a brand-new program that will take effect on January 1, 2025, the same day as the $2,000 cap on Part D out-of-pocket drug costs. The MPPP is like an installment payment plan for those who have Part D prescription drug coverage. They’ll

Democratic presidential candidate Kamala Harris has backed an earth-shattering idea: For the first time, traditional Medicare would pay for personal assistance at home and related long-term care. Currently, only Medicaid and certain Medicare managed care programs provide long-term care benefits. Harris endorsed the idea in an appearance on the television show The View and her

By Lucy Lazarony, Next Avenue A generous inheritance. A booming investment. A big raise. What should you do with a large sum of unexpected money you discover coming your way? In particular, how should you handle such a windfall when you are aged 50 and up? Surprise! Some of it can be used for fun.