Woman smiling in the produce aisle.

ELM Joins National Campaign to End Senior Hunger

When it comes to eating a healthy diet, millions of Americans 65 and over face a double whammy: a fixed income, and rising food costs. Nationally, adults aged 65+ have an average annual income of $46,627, and they spend more than $5,500—or nearly 12%—on food. Additionally, this year those who rely on Social Security received just a 0.3% increase in their Cost of Living Adjustment. … Continue reading ELM Joins National Campaign to End Senior Hunger

Hands reaching up.

The Psychological Impact of Poverty on Seniors

by Kathryn Larlee, J.D., Hotline Attorney “Will you still need me, will you still feed me, when I’m sixty-four?” The Beatles, in their Sgt. Pepper’s Lonely Hearts Club Band album in 1967, asked this question, half in jest. However, this question has significance for many adults staring down the road at their later years of life. Unlike the Beatles’ song which envisions a later life with grandchildren … Continue reading The Psychological Impact of Poverty on Seniors

Update on the Achieving a Better Life Experience Act (ABLE)

In August, we posted about the Achieving a Better Life Experience Act (ABLE). As highlighted by our post, the new ABLE accounts were not expected to be available for a year. Yet, on November 1st, the State of Michigan launched its the ABLE program and enrollment is now open. The ABLE program allows families and individuals to fund a special savings account for certain people with … Continue reading Update on the Achieving a Better Life Experience Act (ABLE)