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Burdens on caregivers are almost never anticipated or planned for

About 40 million people in America care for a family member, neighbor or friend who has limitations in everyday activities. We call these people “family caregivers.” Most of them juggle work and family caregiving responsibilities, which can seriously affect their physical and emotional health. Together, this invisible workforce provides 37 billion hours of care, which the AARP Public Policy Institute values at $470 billion. That’s 470 BILLION dollars. Hard to get your head around that number. But try. Because it is as much as all of Walmart’s sales. And it is the economic contribution of people who are all around you doing what they can for those who need their help. Maybe it’s you.

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The 4 steps you need to take if you inherit a brokerage account

Brokerage accounts allow an individual investor to deposit funds and place investment orders through a licensed brokerage firm. Through a brokerage account, you can buy or sell stocks, bonds, mutual funds, etc. Brokerage firms must abide by strict legal guidelines governing access to account information. The result is that sometimes heirs can’t even see account … Read more

CMS proposes changes to 'two midnight' rule

In recent years, the Centers for Medicare & Medicaid Services (CMS) cracked down on hospitals for services rendered in a “medically-unnecessary setting,” that is the hospitals were choosing to admit patients as inpatients rather than under observation. CMS responded by penalizing hospitals who admitted patients who should have been under observation first. Hospitals reacted by … Read more

Preparing for the disappearing Social Security advantage

The Social Security advantage for married women is shrinking. Much of the focus of Social Security and retirement experts concentrates on describing ways to maximize Social Security benefits. The majority of those options realize benefits for a spouse, usually a woman, who didn’t work much if at all, outside the home and therefore saw little … Read more

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