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Monthly Archive for: "October, 2020"
0
By David Charous
In Elder Law News
Posted October 28, 2020

IRS Issues Long-Term Care Premium Deductibility Limits for 2021

The Internal Revenue Service has announced the amount taxpayers can deduct from their 2021 income as a result of buying long-term care insurance.

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0
By David Charous
In Elder Law News
Posted October 16, 2020

Where Trump and Biden Stand on Issues Important to Older Americans

With the presidential election only a few weeks away, it is important for voters to know the candidates’ positions on issues like Medicare, Medicaid, and Social Security. 

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0
By David Charous
In Elder Law News
Posted October 14, 2020

A Modest Social Security Increase for 2021

The Social Security Administration has announced a 1.3 percent increase in benefits in 2021, an increase even smaller than last year’s. 

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0
By David Charous
In Elder Law News
Posted October 7, 2020

How to Fix a Required Minimum Distribution Mistake

The rules around required minimum distributions from retirement accounts are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you can take to fix the [...]

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0
By David Charous
In Elder Law News
Posted October 1, 2020

New York Imposes Restrictions on Medicaid Eligibility for Home Care

New York was the only state that didn’t have a look-back period for Medicaid home care, but that is now changing. New York Medicaid applicants will no longer be eligible for home care if they [...]

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