By Vonda Vantil, Social Security Public Affairs Specialist Seeing taxes taken out of your paycheck can be confusing when you get your first paycheck. Understanding how important your contribution is can help. Your taxes are helping millions of Americans — wounded warriors, the chronically ill, and people with disabilities — as well as protecting you and your family for life. You can take pride in … Continue reading Your Contributions Help Millions
By Jadranko Tomic- Bobas, J.D., Managing Hotline Attorney; Julia Miller and Emilee Evans, Elder Law of Michigan Interns. Guardianship is a process that allows for one person, a “guardian,” to make decisions for and ensure the care of a person and their limited assets when that person is unable to do so themselves (MCL 700.5314). While this is most commonly thought of as the relationship … Continue reading A Guide to Guardianship: Probate vs. Mental Health Code
Via Michigan Radio By Stateside Staff Retirement accounts, specifically 401(k) plans, were never intended to be a substitute for a pension. But, the reality is, most people, if they have a retirement account at all, it’s a 401(k). Last year, the Wall Street Journal ran a piece in which the creators of the 401(k) worry about what they started. The 401(k) was designed to supplement income from Social Security and a pension. Frank Stafford, a professor … Continue reading 401(k) plans never meant to be a complete retirement plan. Where does that leave future retirees?
By Vonda Vantil, Social Security Public Affairs Specialist Question: My grandmother receives Supplemental Security Income (SSI) benefits. She may have to enter a nursing home to get the long-term care she needs. How does this affect her SSI benefits? Answer: Moving to a nursing home could affect your grandmother’s SSI benefits, depending on the type of facility. In many cases, we have to reduce or stop … Continue reading Social Security Q&A Part 6
By David Jones, Volunteer Hotline Attorney F. Search for a Facility 1. Introduction In this article, I discuss a search by a person other than a prospective resident. The person is generally called a “designated representative” (DR). This is a person who is a legal guardian or has been granted the authority by the prospective resident. That person is generally a relative, but it can be any … Continue reading Part 2 of 2: PLACEMENT AND CONTINUED CARE FOR SENIOR RESIDENTS IN LICENSED RESIDENTIAL CARE FACILITIES (Other than Nursing Homes)
Via Timesunion By Larry Rulison SCHENECTADY – General Electric Co.’s $31 billion pension problem could make its breakup harder than expected. Bloomberg and other news outlets have been reporting that GE has a $31 billion pension shortfall that is becoming a concern for new CEO John Flannery as he decides how to maximize GE for shareholders, which could lead to the spin-off of some units … Continue reading GE’s pension problem could make breakup difficult
By Vonda Vantil, Social Security Public Affairs Specialist Question: If I call 1-800-772-1213, can a Social Security representative take my application for Medicare prescription drug help over the phone? Answer: If an interviewer is available when you call the 800 number, he or she can take your application over the phone. If an interviewer is not immediately available, we can schedule a telephone appointment for … Continue reading Social Security Q&A Part 5
By David Jones, Hotline Attorney A. Scope of Article At some time, a senior may reach a point where he or she can no longer live in his or her home and must move into a residential care facility. That move can be a difficult and traumatic ordeal. This article is written to assist you in getting through that ordeal. There are basically three types of licensed residential care … Continue reading Part 1 of 2: PLACEMENT AND CONTINUED CARE FOR SENIOR RESIDENTS IN LICENSED RESIDENTIAL CARE FACILITIES (Other than Nursing Homes)
Via PennRecord By Louie Torres PITTSBURGH – A nonprofit, multiemployer benefit pension plan alleges a New York private holding company and its subsidiaries failed to pay withdrawal liability payments. Steelworkers Pension Trust by Daniel A. Bosh filed a complaint on Jan. 31 in the U.S. District Court for the Western District of Pennsylvania against The Renco Group Inc., Ilshar Capital LLC, Blue Turtles Inc., Unarco Material … Continue reading Steelworkers Pension Trust alleges it is owed more than $112 million in withdrawal liability payments
By Rachael Savoie, Human Resources Friday, February 2nd isn’t just my birthday, but this year it’s National Wear Red Day! National Wear Red Day is held the first Friday in February to raise awareness about heart disease being the number one killer of women. All are encouraged to wear red and show their support for women’s heart health. This year will mark the 15th year since the American Heart Association and the … Continue reading National Wear Red Day
