It’s been more than six weeks since the threat of COVID-19 became evident on a widespread level, and life changed in an instant. However, while many people today are grappling with issues, like unemployment and slaughtered retirement accounts, seniors have a unique set of concerns on their hands: protecting their health and their finances simultaneously.
Turning 65 is a major milestone for many Americans, as it is the traditional age at which they start thinking seriously about retirement.
Social Security and Medicare are social safety programs that Americans pay into during their working years through taxes.
Many aging Americans depend on family members or friends to help manage their financial, health, and other affairs during retirement and beyond. They often believe
The government calls these payments “reimbursements,” and Medicare and Medicaid do not handle this process the same.
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