Bad news: Your 401(k) won’t give you a decent retirement

Via Los Angeles Times By Michael Hiltzik For nearly 40 years now, we’ve been hearing that 401(k) plans are the key to a comfortable retirement. By giving a tax break to workers contributing part of their paychecks to their retirement nest eggs, the plans were designed to supplement Social Security benefits and employer pensions. Read the full article. Continue reading Bad news: Your 401(k) won’t give you a decent retirement

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Wait, Where Did My 401(k) Account Go?

Via NBC News By Martha C. White American workers could be losing a collective $2 trillion in lost retirement savings — simply by not rolling over their 401(k) savings accounts when they change jobs. A practice referred to as “forced transfers” or “forced rollovers” is the reason for much of these losses, according to the Employee Benefit Research Institute. Read the full article. Continue reading Wait, Where Did My 401(k) Account Go?

Pension fund board votes to cut retirees’ benefits

Via The Associated Press COLUMBUS, OHIO  Ohio’s largest pension system has voted to cut benefits for retirees. The Columbus Dispatch reports the Ohio Public Employees Retirement System voted Wednesday on the plan that would affect all of its more than 1 million members, current retirees and future ones. Read the full article. Continue reading Pension fund board votes to cut retirees’ benefits

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Bullying Among Older Adults: Long Term Care Facilities, Part 2 of 4

By Emilee Evans, Legal Intern As noted in last week’s blog post, bullying is used to make an individual feel powerful by making another individual feel vulnerable and powerless. Being the target of bullying can be intimidating. By seeing this behavior through the perspective of residents of long term care facilities, hopefully cases of bullying will be easier to identify. The end of this post will include resources to use … Continue reading Bullying Among Older Adults: Long Term Care Facilities, Part 2 of 4

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Bullying Among Older Adults: The Basics, Part 1 of 4

By Emilee Evans, Legan Intern In light of October being Domestic Violence Awareness month, it is important to recognize forms of domestic violence that are largely underrepresented and not frequently brought to the public’s attention. Bullying among older adults is a misrepresented issue that may constitute a form of domestic violence. The questions then arise: What is bullying among older adults? Where may it occur? When do issues begin? Why do these disputes … Continue reading Bullying Among Older Adults: The Basics, Part 1 of 4

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Winter Protection Plan

By Julia Miller, Legal Intern Michigan is well known for its cold, snowy winters, so it is no surprise that energy and heating bills can skyrocket during this time. For low income households these high costs can put them in danger of having their utilities shut off. In Michigan, not having heat during the winter months is incredibly unsafe, which is why the State of Michigan, through … Continue reading Winter Protection Plan

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Homestead Property Tax Credit

By Jadranko Tomic-Bobas,, Hotline Managing Attorney For many, living in Michigan is a dream come true. It has the perfect mix of recreation and industry, you get a beautiful blend of all four seasons, and wherever you are you are never far from a beautiful freshwater coastline. However, for many low income households, simply paying property taxes to live here can become an overwhelming financial burden. It is for this reason that … Continue reading Homestead Property Tax Credit