Ohio NAELA News
Welcome to the news blog of the National Academy of Elder Law Attorneys Ohio Chapter. Here we share news related to Elder Law, Estate Planning, Probate and Special Needs Planning, Veterans Benefits and more — for the benefit of our Chapter members, and the general public seeking more information about Elder Law.
How Retirement Income Gets Taxed
From Kiplinger — As you work to accumulate retirement savings, it's fun to contemplate all the cruises, rounds of golf and restaurant meals you have ahead of you. You've earned it! However, many retirees don't take into consideration the cumulative impact of federal...
Medicaid expansion may have saved thousands from drug overdose deaths
From The Washington Post — Expanding Medicaid rolls under the Affordable Care Act may have saved as many as 8,132 people from fatal opioid overdoses, virtually all involving heroin and fentanyl, a study released Friday suggests. The research is the latest evidence...
Retirement security is on a treacherous path, new report warns
From Forbes — Retirement security is on a treacherous path for the future with dwindling pensions and proposals to cut Social Security, warns National Institute on Retirement Security Executive Director Dan Doonan in his introduction to a report released today on the...
Retirement savings, Social Security and Medicare: These changes are coming in 2020
From CNBC — When the clock struck midnight Dec. 31, it ushered in a host of retirement changes. And that could have big implications for your money. The good news is that you will be able to save even more in your retirement accounts next year, thanks to higher...
VA now will call newly separated veterans to talk benefits
From the Marine Corps Times — Veterans Affairs officials are launching a new effort to reach out to recently separated troops to inform them about benefits and support services in an effort to ease transition issues and hopefully prevent more veteran suicides....
Federal Watchdog Questions Billions of Dollars Paid to Private Medicare Plans
From The New York Times — By REED ABELSON A government report released Thursday found health insurance companies had combed through patient charts to obtain billions of dollars of additional payments from the federal Medicare program. The report, from the...
Managing Debt in Retirement
From Forbes.com/NextAvenue.org — Most of the talk about a retirement crisis in America deals with a shortfall in retirement savings. But what’s not talked about as much — but ought to be — is the growing amount of debt that many people in retirement have,...
Report: Social Security now tilts to favor higher earners who delay claiming
From The Boston Globe — The nation’s Social Security program was designed with special concern for the least fortunate Americans, to keep them from sinking into poverty when they became too old to work. But recent demographic changes have tilted the system against...
Could Social Security’s full retirement age rise again?
From USA Today — By Maurie Backman | The Motley Fool Social Security, a program instrumental in keeping millions of retired workers afloat, faces a funding shortfall that, if left unaddressed, could result in a major reduction in retirement benefits across the board....