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Monthly Archive for: "October, 2016"
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By Dan Armstrong
In Elder Law News
Posted October 27, 2016

IRS Issues Long-Term Care Premium Deductibility Limits for 2017

The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 taxes as a result of buying long-term care insurance.

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By Dan Armstrong
In Elder Law News
Posted October 26, 2016

States Begin Offering State-Run Retirement Plans

Workers in some states will soon have another option to save for retirement. Several states are establishing state-run retirement plans for workers who do not have a plan through their [...]

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By Dan Armstrong
In Elder Law News
Posted October 21, 2016

Typical Social Security Recipient Will Get $4 Benefit Increase in 2017

Social Security benefits will rise only slightly in 2017. This follows no increase in benefits in 2016 and small increases for many of the previous years.

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By Dan Armstrong
In Elder Law News
Posted October 14, 2016

It's Time to Reassess Your Medicare Choices

Are your Medicare plans still working for you? Medicare's open enrollment period, in which you can enroll in or switch plans, runs from October 15 to December 7.

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By Dan Armstrong
In Elder Law News
Posted October 3, 2016

Execute a Power of Attorney Before It's Too Late

A durable power of attorney is an extremely important estate planning tool, but many people delay completing this vital estate planning step until it’s too late and [...]

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By Dan Armstrong
In Elder Law News
Posted October 3, 2016

Nursing Home Residents Win Back Right to Sue

In an unexpected move, the federal Centers for Medicare and Medicaid Services is forbidding nursing homes from entering into binding arbitration agreements with a resident or their [...]

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