Category: Money and Finances

Elder Law of Michigan, Money and Finances, Social Security, veterans

Social Security helps veterans and active duty military members

By Vonda Van Til, Social Security Public Affairs Specialist Every year on Veterans Day, our nation honors the people who risk their lives to protect our country. Social Security’s disability program is an important part of our obligation to wounded warriors and their families. For military members who return home with injuries, Social Security is a resource they can turn to. If you know any … Continue reading Social Security helps veterans and active duty military members

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Elder Law of Michigan, Money and Finances, Planning for the Future, Social Security, Technology

Free up our time by using my Social Security

By Vonda Vantil, Social Security Public Affairs Specialist Time is one of our most valuable commodities. That’s why at Social Security, we are constantly improving our online resources to make doing business with us easier and faster. With a my Social Security account, those receiving benefits can change their address and direct deposit information; get proof of their benefits; and request replacement documents, like a … Continue reading Free up our time by using my Social Security

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Elder Law of Michigan, Mid-America Pension Rights Project, Money and Finances, Retirement

(Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

Sandra Wisnewski, Director of the Mid-America Pension Rights Project at Elder Law of Michigan 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 Pension Project works to find answers and solutions to your pension-related problem. Just ask Ms. X. Ms. X worked for an … Continue reading (Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

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Elder Law of Michigan, FYI, Money and Finances, Nutrition, Senior hunger

Whitmer’s welfare agency delays aid change to comply with state law

Via The Detroit News By Craig Mauger Gov. Gretchen Whitmer’s administration is delaying a policy change that could allow more Michigan residents to receive food and cash assistance. The one-month delay is required to comply with state law, the Michigan Department of Health and Human Services said in a Friday statement. The increased limits will now take effect on Dec. 1. At an Oct. 17 … Continue reading Whitmer’s welfare agency delays aid change to comply with state law

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Elder Law of Michigan, Mid-America Pension Rights Project, Money and Finances, Pension

(Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

Sandra Wisnewski, Director of the Mid-America Pension Rights Project at Elder Law of Michigan 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 Pension Project works to find answers and solutions to your pension-related problem. Just ask Ms. Z. Ms. Z worked for a company for many years. It had been so long ago … Continue reading (Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

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Elder Law of Michigan, Money and Finances, Planning for the Future, seniors, Social Security

Understanding Social Security Spouse’s Benefits

By Vonda Vantil, Social Security Public Affairs Specialist Marriage is a tradition that exists on every continent and in nearly every country. Having a partner not only means creating a family unit, it means sharing things like a home and other property. Understanding how your future retirement might affect your spouse is important. When you’re planning for your retirement, here are a few things to … Continue reading Understanding Social Security Spouse’s Benefits

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Elder Law of Michigan, FYI, Money and Finances, Retirement, seniors, Social Security

Social Security Announces 1.6 Percent Benefit Increase for 2020

By Vonda Vantil, Social Security Public Affairs Specialist Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today. The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will … Continue reading Social Security Announces 1.6 Percent Benefit Increase for 2020

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Elder Law of Michigan, FYI, Medicare/Medicaid, MiCAFE, Money and Finances, Nutrition, Planning for the Future, Senior hunger, seniors

New: Whitmer, DHHS announce plan to ease access to public assistance

Via Michigan Advance By Allison Donahue Gov. Gretchen Whitmer and Michigan Department of Health and Human Services (DHHS) Director Robert Gordon on Thursday morning announced policy changes aimed at making access to food assistance and other public benefits easier for families. “These asset test policy changes are important because right now too many Michigan families are struggling to get ahead,” said Whitmer in a press … Continue reading New: Whitmer, DHHS announce plan to ease access to public assistance

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Elder Law of Michigan, Mid-America Pension Rights Project, Money and Finances, Pension

(Mid-America Pension Rights Project): 3 Common 401(k) Mistakes That Could Cost You Thousands

Via The Motley Fool By Katie Brockman The 401(k) is one of the most powerful retirement tools out there, so if you’re lucky enough to have access to one, take advantage of it. As of 2019, you can contribute up to $19,000 per year to your 401(k), which is more than three times the annual amount you can save in a traditional or Roth IRA. … Continue reading (Mid-America Pension Rights Project): 3 Common 401(k) Mistakes That Could Cost You Thousands

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Elder Law of Michigan, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future, Retirement, seniors

(Mid-America Pension Rights Project): GE’s pension freeze puts a spotlight on America’s retirement planning problem

Via Yahoo News By Ethan Wolff-Mann The news that General Electric (GE) was freezing its pension for 20,000 workers this week and offering buyouts to 100,000 former employees sent the company’s beleaguered stock up slightly, but dealt the two fierce blows to two great American institutions. The first: GE itself. An American staple and iconic industrial company that has employed hundreds of thousands — if not millions … Continue reading (Mid-America Pension Rights Project): GE’s pension freeze puts a spotlight on America’s retirement planning problem

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