In New York, for example, people who are 65 or older or who are disabled have a $32,396 asset limit ($43,781 for couples). Monthly income eligibility for such Medicaid applicants is $1,800 for an ...

A new Federal Reserve survey reveals the financial portfolios of Americans 65 and older. Home ownership dominates at 84%, but five other key assets round out senior wealth strategies.

Using the NPS Pension Calculator, Investor A may build a corpus sufficient for basic retirement needs, while Investor B ...

Welcome to our Dollars & Sense column. While in no way is it formal financial advice, it is a way to stress test your ...

The Social Security Administration has clarified its stance on raising the retirement age. While Social Security can ...

If you sell a property resulting in surplus cash to invest, there’s no better place than the low/no-tax environment of ...

Budget, industry experts have emphasised that UK pension schemes remain in a "much stronger position", although challenges remain, with some warning that while the system feels "safer", the real test ...

The changes impact people on Centrelink payments who earn an income from financial assets, but pensioners are the biggest ...

Sometimes government payments can come with some contradictory conditions that seem to go against everything the tax, income ...

SMSFs and advisers should be aware of the four major changes applying to the age pension from 20 September, a superannuation ...

Millions of Aussie Centrelink recipients will see an increase in their payments from today. But it’s a double-edged sword for pensioners, who will also see deeming rates increase for the first time in ...