New Jersey proposal could reduce senior property tax relief
If adopted, the proposal would lower the income cap for property tax relief eligibility to $250,000, down from the current $500,000 limit.
Aging in Place
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Seniors want to age in place, but family caregivers face strains on multiple fronts
A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent age 65 or older.
Study finds 65-year-olds need $135K for long-term care
The type of care — home health, assisted living or nursing home — and where a person lives can drastically affect costs.
Kentucky bill would freeze property taxes for senior homeowners
Senate Bill 51 would lock in the assessed value of a senior’s primary residence, preventing higher property tax bills.
White House proposal would keep Medicare Advantage rates stable in 2027
The Centers for Medicare and Medicaid Services (CMS) said payments to Medicare Advantage plans would rise by an estimated 0.09% on average in 2027 — far below expectations from Wall Street analysts.
Home care crisis drives innovation for aging in place
Despite increasing demand, the sector struggles with low wages, high turnover and limited benefits, leaving families and patients scrambling.
Aging America reshapes retirement, exposes divides
The experience of aging remains sharply unequal, shaped by gaps in savings, access to workplace plans and the rising cost of health care.
As seniors gain comfort with AI, how should reverse mortgage lenders respond?
The implications of AI for the reverse mortgage industry are still being debated. But lenders that are able to provide these tools to clients in a thoughtful, purpose-driven manner are poised to gain a leg up.
In New York, many seniors aren’t getting vital support services
New York is among the states where older residents are not receiving adequate levels of in-home care and other support services.
As Social Security turns 90, what will its future hold?
Benefits are set to be reduced in the next decade and recent policies may only worsen the program’s condition.