Category: Money and Finances

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Elder Abuse, Elder Law of Michigan, FYI, Legal, Legal Hotline, Legal Hotline for Michigan Seniors, Mid-America Pension Rights Project, Money and Finances, Pension

Judge tells city to provide disability pension to ex-officer

Via Lexington Herald Leader By The Associated Press LINCOLN, NEB. – A judge has told Lincoln it must provide the disability pension a former police officer was previously denied. The Lincoln Journal Star reports that Judge Lori Maret agreed with Jonna Conlon, her attorney and her physicians that her back injuries made it impossible for Conlon to continue her career as an officer. Read the article … Continue reading Judge tells city to provide disability pension to ex-officer

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Elder Law of Michigan, Legal Hotline, Legal Hotline for Michigan Seniors, Legal Hotlines, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future

What’s Your Retirement Personality Type?

Via U.S. News By Dave Hughes Retirement is not one-size-fits-all. There are many ways to envision how you’ll spend your retirement. Identifying your retirement personality type can help you gain clarity about what you want your retirement to be like on a day-to-day basis. You might see yourself in more than one of these categories, and the categories you fit into may change as your retirement … Continue reading What’s Your Retirement Personality Type?

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Aging in Place, Housing, Money and Finances, mortgages, Planning for the Future, senior independence

Don’t Let Marketers Tell You How to Age in Place

via consumerfinance.gov by Stacy Canan, Consumer Financial Protection Bureau July 26, 2017 We often hear that older Americans want to “age in place.” Aging in place means living at home in the community, rather than in an institutional setting, like a nursing facility. This is the choice most people want to make even if they need services and support to do so. With over ten … Continue reading Don’t Let Marketers Tell You How to Age in Place

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missing puzzle piece
Client story, Legal, Legal Hotline, Legal Hotline for Michigan Seniors, Legal Hotlines, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future

A-Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project The Mid-America Pension Rights Project (MAPRP) assists clients with pension and 401(k) issues.  There are no age or income restrictions and there is never a charge for the services.  The MAPRP works to find answers and solutions to your pension-related problem.  Just ask Ms. K. Ms. K lived in a country outside the United States.  Ms. … Continue reading A-Working Class Program that Works to Solve Your Pension Problems

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Woman with walker
FYI, Money and Finances, Planning for the Future, senior independence, seniors

Here’s My Money: Handle With Care

by Ellen Mason, Hotline Attorney Sarah is a spry and sassy 93-year-old – or “middle age” as she says. She’s totally “with it” but doesn’t want to handle her checking account and bills anymore. She wants someone to do it for her. Sarah wants a “durable power of attorney for finances.” One of the first things Sarah needs to do is figure out who’s going to … Continue reading Here’s My Money: Handle With Care

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Housing, Money and Finances, mortgages

Pros and Cons of Paying off Mortgage Before Retirement

via CNBC by Deborah Nason, CNBC June 22, 2017 Should you pay off your mortgage before you retire? There’s no clear-cut answer, as the strategy depends on the client’s tax situation, asset and income levels, and attitudes toward debt and investment. Financial advisors discuss the pros and cons. Read the full article. Continue reading Pros and Cons of Paying off Mortgage Before Retirement

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Dollar bills
FYI, Money and Finances

Internal Revenue Service (IRS) Use of Private Collection Agencies  

by Karen Flores, Hotline Attorney Recently, the IRS has announced that it has initiated a new private debt collection program.  The IRS has hired four private debt collection agencies to collect some longtime unpaid federal tax debts.  Collection action will begin spring 2017.  The four collection agencies are: CBE Group of Cedar Falls, Iowa Conserve of Fairport, New York Performant of Livermore, California Pioneer of Horseheads, … Continue reading Internal Revenue Service (IRS) Use of Private Collection Agencies  

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