Senior Living

An annuity can be a useful tool for long-term care planning, but annuities are also complex financial products that are hard to understand. If purchasing an annuity, you need to consider your options carefully. ...

Raising a grandchild can be tough financially, but grandparents in this situation should be aware that there is a tax credit available that could help them. ...

The Trump administration is officially rolling back a ban on the use of arbitration agreements by nursing homes, once again allowing nursing facilities to ask families to give up their right to sue over patient injuries or deaths. ...

Hospice care is supposed to help terminally ill patients maintain their quality of life at the end of their life, but two new government reports find that serious problems in some hospices may be actually causing harm to hospice patients.

Older Americans with a life insurance policy that they no longer need have the option to sell the policy to investors. These transactions, called "life settlements," can bring in needed cash, but are they a good idea? ...

Thinking about your funeral may not be fun, but planning ahead is helpful. It both lets your family know your wishes and assists them during a stressful time.

Federal law requires that after you reach age 70 1/2 (or age 72 if you were not yet 70 1/2 by the end of 2019), you must begin withdrawing a minimum amount from your retirement accounts. But what if you die after you begin...

Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law.

The number of older Americans with student loan debt – either theirs or someone else’s -- is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement.