Devils, Details, and Deadlines: SSI vs. SSDI – What’s the Difference?

Some of the most impactful work we do involves setting up financial protections for disabled individuals. Part of that process includes exploring federal income benefits, but many people don’t realize that there are two available programs: SSI and SSDI. If you have a disabled child, knowing whether they are or should be on SSI or SSDI can significantly impact the … Read More

The Planning Effect

John-Doe-in-Hospital-with-Stressed-Wife

Sitting bedside with her husband after his stroke, Jane is talking with the discharge planner for the local hospital. After discussing the level of care John will need, Jane and the planner have decided that the nursing home connected with the hospital is the only viable option for John’s needs. Now Jane needs to visit the nursing home and figure out how she will pay for John’s care. [Read More]

The Biggest Mistake You Shouldn’t Make Before Turning 65

We are about to experience – some say we’re already experiencing – the biggest workforce shift from full time work to retirement in United States history. If you’re a Baby Boomer, you are a part of this generational transition. If you can see retirement on the horizon, then I have a warning for you: there’s a train following close behind retirement that you absolutely must plan for: nursing home care. [Read More]

High Five: 5 Ways to Pay for Your Nursing Home Stay

Nursing home care is expensive, and it’s not going to get better any time soon. With the 2014 average cost of nursing home care reaching $169 per day in Iowa, 70% of people reaching age 65 this year can expect to pay about $123,370-$141,115 (or more!) for their end of life care. The question becomes, how do you pay for an expense that huge? [Read More]