Caring for Mom Shouldn’t Mean Losing Your House

Debra from New Jersey is on the verge of losing her house to foreclosure because she can’t keep up with paying the bills and helping her mom, who has dementia, remain at home. To keep Mom out of a nursing home, Debra is responsible for taking care of her 24/7. This can be a huge juggling act, involving bathing and dressing, preparing meals, managing medications, coordinating activities and more. Add in full-time employment, and life can become quite complicated, even …

Overall, Obamacare Premiums to Fall in 2015

By Jay Hancock, Kaiser Health News In preliminary but encouraging news for consumers and taxpayers, insurance filings show that average premiums will decline slightly next year in 16 major cities for a benchmark Obamacare plan. Prices for a benchmark “silver” or mid-priced plan sold through the health law’s online marketplaces aren’t all moving in the same direction, however, a report from the Kaiser Family Foundation (KFF) shows. (Kaiser Health News is an editorially independent program of the foundation.) In Nashville, the premium …

Taxpayers, a Few Things to Know Before 2013

As a new year approaches, you can still make some tax-related moves to improve your bottom line in 2013. Start by stashing away $2,000 toward retirement savings in 2012 and get a tax break for part of that contribution. The so-called saver’s credit allows low- and moderate-income workers to offset part of the first $2,000 that they contribute to IRAs, 401(k) and other similar workplace retirement plans. [Calculate how much you need to save to retire comfortably by clicking here]. …