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Articles On:senior finances

September 16, 2025

Social Security Ends Paper Checks: How to Make the Switch

On Sept. 30, 2025, the federal government’s Social Security ends paper checks in favor of ...

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A senior woman checks her mailbox. Since Social Security ends paper checks, she will not be able to receive her monthly payment by mail. Image by Spectruminfo
September 8, 2025

Is Memory Care Tax Deductible? What Families Should Know About Costs and Credits

If you’re paying for a parent’s or partner’s memory care, you may be wondering, is ...

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Young woman giving coffee to her seated grandmother. For article, is memory care tax deductible? Image by Chernetskaya
May 29, 2025

Tips for Secondhand Shopping

Young people have made thrift-store shopping cool, and older adults can hitch a ride on ...

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Two senior women looking at a dress as they go secondhand shopping
December 16, 2024

Paying for Senior Living: Sell Your Home

Most older adults reach a point when they’re ready to move to a senior living ...

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Couple at a senior community, having figured out how to pay for senior living. Image by Monkey Business Images
October 31, 2024

Claiming Dependent Care Credit

The dependent care credit can apply to caregivers of aging relatives and similar situations as ...

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A caregiver holding a seniors hand
October 21, 2024

Should You Keep a Stash of Cash?

You may know people who’ve squirreled away cash in their underwear drawer, under their mattress, ...

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Money sticks out from the corner of a dictionary. Should you keep a stash of cash in a book?
July 22, 2024

Laid Off Right Before Retirement? 

Losing a job at any age is scary, but if you happen to be laid ...

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a depressed businessman, laid off right before retirement. Image by Blanscape
June 14, 2024

Three Ways to Save Money on a Fixed Income

Living on a fixed income in 2024 can be a tough task for U.S. retirees. ...

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Worried couple paying bills, in need of tips to save money on a fixed income
June 28, 2023

RMD Strategies for Older Retirees

Once you start taking required minimum distributions from tax-deferred retirement accounts, you have fewer options ...

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required minimum distribution
June 14, 2023

Lower Taxes on RMDs

Postponing withdrawal of funds from your IRA could prove costly, but withdrawing them could bump ...

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senior couple trying to lower taxes on RMDs
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