Resource Library
Content with Topic Financial Health and Wellness .
Resources
Hayes, J. (2020, March 5). A 2019 Tax Tip for Your Loved One. Retrieved from https://www.guideposts.org/caregiving/resource-center/financial-legal-advice/a-2019-tax-tip-for-your-loved-one
Taylor, T., Hayes, J. (2020, February 7). 5 Ways to Assist An Older Adult with Budgeting. Retrieved from https://www.guideposts.org/caregiving/resource-center/5-ways-to-assist-an-older-adult-with-budgeting
Edwards, S. (2019, November 12). Is Your Loved One’s Home Still the “Right Size”?. Retrieved from https://www.guideposts.org/caregiving/resource-center/financial-legal-advice/is-your-loved-ones-home-still-the-right-size
Foreclosure Prevention Plans: Why Every Homeowner Should Have One
Preventing avoidable foreclosures helps keep families in their homes, preserves communities and prevents avoidable loss of housing. Creating a foreclosure prevention plan with the help of a HUD-approved housing counselor can provide assistance to struggling homeowners, with the goal of helping them keep their homes whenever possible.
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Tax Tips for Older Adults for the 2019 Tax Season: Understanding Qualified Medical Expenses
While most people agree that it’s hard to look forward to the paperwork and headache of tax season, for older adults managing medical bills, taking advantage of tax deductibles can be financially beneficial. According to a National Bureau of Economic Research study, Medicare, Medicaid, private insurance and other government programs on average will cover about 80 percent of an older adult’s healthcare costs; however, this leaves 20 percent of costs financed out-of-pocket, and for older adults who are from low income households, retired or on a budget, this can take a huge bite out of their savings.
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