Social Security recently announced a cost of living adjustment (COLA) for 2019. The 2.8% adjustment is important to more than seniors looking forward to the monthly benefit check because it drives a number of other important benefit levels as well.
In addition to Social … Continue Reading
Can Social Security be garnished?
Can a debt collector take your Social Security benefits?
The collector from the credit card company just keeps calling. “Look . . . pay these bills of your husband’s or we’ll sue. We’ll get a court order taking part of your Social Security and … Continue Reading
You have that uneasy feeling that you ought to be doing something . . . just not sure what. Perhaps Mom or Dad has been exhibiting some troubling health symptoms. As the oldest/only/closest child you know that it will be up to you to come up with a solution.
You’ve also been … Continue Reading
Updated April 14, 2017
Recent Question: Bob, is it OK for the trustee of a special needs trust to purchase a $2,000 pure bred spaniel for the trust beneficiary, Edwina?
Recent Answer: Only if Edwina is not planning on eating the dog. I’ll explain. First, you’ll need to … Continue Reading
What does cashing in an IRA, or perhaps converting to a Roth IRA, have to do with Medicare premiums? Maybe a lot . . . a lot of your money.
Occasionally a person going into a nursing home may have to cash in an IRA. In other situations converting a traditional IRA into a … Continue Reading