Elder Law Answers

Nov 8, 2023 | elderlawanswers.com | Loretta Kilday

Social Security wasn’t meant to be a primary source of income for retirees when it was first created in 1935. It sought to provide an umbrella of protection for people who couldn’t save enough for retirement. Most Americans didn’t think much about Social Security, perhaps because they were living shorter lives and relying on guaranteed incomes.

Sep 27, 2023 | elderlawanswers.com | Natasha Meruelo

What Is Medicare Part D? Adults who are age 65 and older can enroll in Medicare, a federal health insurance program. If you have signed up for Medicare Part A, Part B, or both, you can also sign up for Part D. Available through private insurers, Medicare Part D remains optional and covers certain categories of prescription medications. When choosing a Part D plan, review the specific drugs that each plan covers. You may already rely on a particular prescription medication or medications.

Aug 30, 2023 | elderlawanswers.com | Larry Johnson

Medicare’s Annual Enrollment Period (AEP) is just around the corner. In just a little over a month, those of you who are looking to enroll in a Medicare plan will have a chance to do just that. If you want to make the most of AEP, preparing for the event is key. “Wait,” you’re probably thinking, “I have to prepare to enroll in Medicare?

Aug 28, 2023 | elderlawanswers.com | Natasha Meruelo

As of 2020, approximately people have both Medicare and Medicaid coverage. Medicare is a federal health insurance program for people over 65 and certain disabled individuals. Medicaid is a joint federal and state program that helps provide medical care for those with limited income and resources. Medicaid recipients include children, pregnant women, and individuals who are blind or have disabilities.

Aug 7, 2023 | elderlawanswers.com | Natasha Meruelo

According to AARP, people aged 60 and older owe upwards of $290 billion in student loan debt. Thankfully, many federal student loan borrowers have experienced payment reprieves for the past few years due to multiple payment pauses enacted during the pandemic by the CARES Act and other loan relief efforts. These pauses on making payments for federal student loans are ending in August 2023, however.