More than nine out of ten current retirees rely at least in part on Social Security benefits to fund their retirement income. The maximum monthly Social Security benefit that an individual can receive per month in 2022 is $4,000 for someone who files at age 70. Clearly, Social Security is not sufficient income for most…
If you plan on taking a long trip, you should be aware of a vein disorder that is especially common among travelers over 50. Deep vein thrombosis occurs when a blot clot forms in a deep leg vein. DVT is potentially fatal because a clot could travel to the lungs and cause a pulmonary embolism.…
We all love our children. And if we’re blessed with a legacy to leave behind, we all want them to enjoy it. But some of our adult children are more mature with handling money than others. Many families have grown-up children who have issues that preclude leaving them any significant assets in a lump sum,…
Experts estimate that about $60 billion is lost annually due to Medicare fraud. Consumers do not have to be Medicare beneficiaries to be affected by the high cost of fraud. Costs are passed down to all Americans in the form of increased insurance premiums, higher medical care outlays and inflated price tags on medical equipment. Since…
Are you enrolled in Medicare Supplement (Medigap) Plan C, F or F+? If so, you may see premiums start going up. Medicare officials closed those popular plans to new enrollees as of Jan. 1 as part of the Affordable Care Act. The plans had higher premiums to begin with. But seniors flocked to them because…
After decades of tame inflation, it spiked sharply in April 2021, reaching 3.4% on an annualized basis. If sustained over a year, that would be more than twice the average inflation rate over the last decade and a half. If you’re close to retirement age, that rate of inflation is enough cut your spending power…
Being predisposed to developing dementia or Alzheimer’s disease is something many adults worry about. However, experts say that it could be possible to delay the progression of these diseases by taking steps to improve our health, particularly for individuals who have diabetes, are obese and/or smoke. Studies show that taking steps to address these factors…
One of the keys to managing risks when you first start a business is getting the right insurance to cover your operations, property and potential liabilities. Unfortunately, many business owners fail to review their policies each year as the company grows, expands operations or adds new equipment and property. If this is the case, the…
Now would be a good time to double down on your workplace safety efforts to see if there are any areas that you may be overlooking. While your safety regimen may be top notch, there is always room for improvement and you can consider these options as recommended by EHS Today: Use a 10-second rule…
Whether your business owns a single vehicle or an entire fleet, you will want to have a proper risk management program in place to reduce the chances of accidents and of being held liable for vehicle misuse by your employees. While most businesses buy commercial auto insurance and feel they have their bases covered, you…
The legal threat is constantly growing for businesses, by business partners & customers, but also from within -your employee handbook. Currently the bigger threat is being sued by your own staff for running afoul of a smorgasbord of statutes like labor, wage and hour, worker classification, discrimination and harassment laws. As an employer you need…
As more Americans work from home than ever before, many employers are wondering about their obligations under OSHA as well as how to reduce the chances that workers may be injured while telecommuting. Obviously, the chances of an injury when working from home are small. The most common issue that is likely to arise is…