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Archives

Monthly Archive for: "February, 2022"
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By John Belconis
In Elder Law News
Posted February 19, 2022

Medicare’s Controversial Direct Contracting Program Hits Biden Administration’s Radar

The Biden administration is hearing mounting calls to end a program that advocates warn will radically transform Medicare – and the administration is getting pressure in response from the [...]

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By John Belconis
In Elder Law News
Posted February 19, 2022

When to Avoid Naming a Trust as Beneficiary of Your Retirement Plan

Naming a trust as a beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you are worried about creditors coming after your estate. 

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By John Belconis
In Elder Law News
Posted February 19, 2022

Should My Dad Move His Money Out of an IRA and Into an Account in My Mom’s Name Before Applying for Medicaid?

Most of my parents’ money is in an IRA that is in my dad's name. My mother has very few assets in her name. He is older and may need to go into a nursing home in a few years. He has a Roth IRA [...]

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By John Belconis
In Elder Law News
Posted February 17, 2022

Millions of People Could Lose Medicaid Coverage When the Pandemic Is Declared Over

While declining COVID-19 cases are good news, the end of the pandemic could mean millions of Medicaid recipients will lose their coverage. Federal law has prevented states from terminating [...]

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By John Belconis
In Elder Law News
Posted February 17, 2022

Earned Income Tax Credit Now Available to Seniors Without Dependents

Working seniors without dependents may qualify for the earned income tax credit when they file their 2021 tax returns. The tax credit assists those with low incomes but was previously [...]

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By John Belconis
In Elder Law News
Posted February 8, 2022

Medicare to Cover At-Home Covid Tests by ‘Early Spring’

Medicare beneficiaries will soon be eligible to obtain up to eight free rapid at-home Covid-19 tests per month, the Biden administration has announced.

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By John Belconis
In Elder Law News
Posted February 5, 2022

If a Medicaid Recipient Moves in with Us, Will Medicaid Try to Recoup Benefits from Us?

My father-in-law is coming to live with his son and me. We own our home (in both our names) and have [...]

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