Social Security COLA predicted to be lowest in 4 years
By
Kathleen Steele Gaivin
Sep 16, 2024
Slowing inflation means that Social Security beneficiaries will see the lowest cost-of-living adjustment since 2021, according to experts.
Enhanced healthcare tax credits help older Americans more than younger ones
By
Kathleen Steele Gaivin
Sep 11, 2024
Among all Americans with annual incomes of approximately $60,000 or more, those aged 50 or more years are likely to see the greatest cost savings from premium healthcare tax credits that lower monthly...
Fed chair signals possible rate cut ahead of September meeting
By
Kathleen Steele Gaivin
Aug 26, 2024
Lower federal interest rates could be coming as soon as next month, although Federal Reserve Chair Jerome Powell declined to commit to an exact date when speaking Friday at an economic symposium in Jackson...
Access to skilled care care approaching crisis levels
By
Kathleen Steele Gaivin
Aug 23, 2024
Families are facing fewer care options and delays in securing care for their elders, according to the 2024 Access to Care report from the American Health Care Association.
Senior living construction booms 11 percent, fueled by surging demand
By
Kathleen Steele Gaivin
Aug 21, 2024
Senior living construction has surged 11% since last summer, with public sector projects outpacing the private sector in the first half of the year.
HUD proposes closing qualified contract loophole for LIHTC transactions
By
Kathleen Steele Gaivin
Aug 19, 2024
The Department of Housing and Urban Development has proposed guidance meant to close the qualified contract loophole in the Low Income Housing Tax Credit program for Federal Housing Administration multifamily...
Confidence, savvy about retirement savings a ‘promising sign’
By
Kathleen Steele Gaivin
Aug 13, 2024
With inflation slowly easing, workers are more confident in their ability to reach financial goals in retirement than they were a year ago, according to the results of a survey recently released by Charles...
Workers underestimate the healthcare costs they will have in retirement
By
Kathleen Steele Gaivin
Aug 09, 2024
A 65-year-old US worker retiring today could face an average of $165,000 in healthcare and medical costs throughout retirement, yet the average American estimates that those costs will be around $75,000,...
‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
By
Kathleen Steele Gaivin
Aug 01, 2024
Brockway, PA-based Guardian Healthcare has filed for Chapter 11 bankruptcy protection.
Job growth in the private sector slowed in July for the fourth consecutive month, with the addition of 122,000 jobs, according to the monthly ADP National Employment Report Economy Lab report, published...