IRS Finalizes 10-Year RMD Rules for Inherited IRAs
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
After much anticipation, the Treasury Department and the Internal Revenue Service (IRS) have issued final regulations relating to the 10-year required minimum distribution (RMD) rule for people who inherit individual retirement account (IRA) assets ..read more
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Funeral Arrangements: How to Make Your Wishes Known
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
How can you make sure your funeral and burial wishes will be carried out after you die? It is important to let your family know your desires and to put them in writing. Just don't do it in your will.  ..read more
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What Is a Trustee in Estate Planning?
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
A trustee is the person or institution appointed to manage a trust on behalf of beneficiaries of the trust ..read more
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My Social Security Transitions to Login.gov
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
On July 12, 2024, the SSA announced a change affecting many account users. Those who created a my Social Security account before September 18, 2021, must transition to a different type of online account known as a Login.gov ..read more
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The Loneliness Epidemic: Helping Seniors Stay Connected
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
Failing to maintain and make new meaningful connections as older adults age can lead them toward a deep sense of loneliness. This can affect their mental and physical health, including increased risk of heart disease, Parkinson's disease, and dementia ..read more
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What You Should Know About the Medicare Tax
Elise Lampert, Attorney At Law Blog
by Elise Lampert
2M ago
Medicare tax is an essential component of the United States tax system. It plays a crucial role in maintaining the solvency and functionality of the Medicare program ..read more
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SNAP Benefits for Older Adults With Limited Income
Elise Lampert, Attorney At Law Blog
by Elise Lampert
1y ago
If you are a senior on a fixed income, you may worry that you will not have the money to fill your fridge. The Supplemental Nutrition Assistance Program (SNAP) exists to help people make ends meet ..read more
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Instacart to Help Older Adults Address Food Insecurity
Elise Lampert, Attorney At Law Blog
by Elise Lampert
1y ago
As of 2021, 5.5 million people aged 60 and older - or about one in 14 older Americans - were struggling with hunger. Instacart plans to start addressing some of the major barriers that seniors face in accessing healthy food ..read more
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Using a QTIP Trust in Estate Planning
Elise Lampert, Attorney At Law Blog
by Elise Lampert
1y ago
Qualified terminable interest property (QTIP) trusts enable individuals to maintain control over the assets they leave their spouse while preserving wealth and leaving a meaningful legacy for children and charities ..read more
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What Is the Lifeline Program?
Elise Lampert, Attorney At Law Blog
by Elise Lampert
1y ago
The Lifeline Program is a federal program that works to lower the cost of phone and internet services for low-income American households. With the reduced costs that Lifeline provides its customers, seniors can stay connected on a budget ..read more
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