Tag: Beneficiaries

If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.

Your will can be contested if a family member believes you did not have the requisite mental capacity to execute the will.

In the face of mounting criticism that its Direct Contracting initiative will undermine traditional Medicare, the Biden administration announced that...

Serving as a trustee of a trust can be a huge responsibility, so trustees are entitled to compensation for their...

Not everyone wants to take the required minimum distributions from their retirement accounts right away. If you don’t want your distribution, one option is to donate it to charity and get a tax deduction. 

Medicare beneficiaries will soon be eligible to obtain up to eight free rapid at-home Covid-19 tests per month, and, unlike their privately insured counterparts, they won’t have to pay for them upfront, the Biden administration has announced.

Most people who receive an inheritance are honored, but for some, it can be more of a burden than a blessing.

For 2022, the monthly federal Supplemental Security Income (SSI) payment standard will be $841 for an individual and $1,261 for a couple.

Most people want to pass their assets to their children or grandchildren, but naming a minor as a beneficiary can...

The Social Security Administration has announced a 2.8 percent increase in benefits in 2019, the largest increase since 2012. The...