As April marks Financial Literacy Month, it is an excellent time to start improving your financial literacy. Gaining financial savvy can help you handle the challenges and complexities of aging

Medicaid is for people with limited income and assets. Generally, you must have no more than $2,000 in your name to be eligible for this public benefits program. (Note that this asset limit varies from state to state and special asset eligibility rules may apply if an applicant is married.)

Elder law encompasses a wide range of legal matters that affect older individuals. Attorneys who practice elder law advocate for seniors and execute legal plans to assist them in living better lives.

Each fall, the Centers for Medicare & Medicaid Services (CMS) renews the federal guidelines that seek to protect individuals whose spouses are applying for or receiving Medicaid long-term care benefits.

Although death benefits are available to veterans, as well as their families and veterans who did not engage in combat, less than half of those who are eligible for death benefits use them.

Ten percent of adults 65 and older experience elder abuse each year, according to the U.S. Department of Justice. Elder abuse happens when a caregiver or another trusted individual causes physical, mental, or financial harm to an older adult by an act or omission.

Nearly half of American households will fall short of their retirement goals, new research finds.

The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity. Rising housing and health care bills can also burden seniors on fixed, limited incomes. 

Seniors, as well as their caregivers, should be aware of the risks posed by Medicare scams and how to avoid falling victim to this type of fraud.

Many seniors do not sell their home because they wish to leave it to their heirs. However, this transition can often lead to seniors losing track of their finances and omitting to pay certain obligations such as their property taxes.