Social Security Disability Insurance (SSDI) is a vital safety net for former workers with disabilities. You should be aware of these top 5 reasons to seek disability benefits and learn about the resources available to you to assist in the application process.
|
|
|
(Family Features) Research suggests that most Americans turning age 65 will need some form of assistance with everyday activities, known as long-term care, as they grow older. The amount of care needed will depend on many variables, including overall health, cognitive functioning and home environment.
Age is a strong predictor of the need for help, and because women live longer on average, they are more likely than men to require long-term care. Factors such as a disability, injury or chronic illness also increase the chance that long-term care will be needed.
Three simple steps can help you start planning for care you may need as you age.
1. Know what to expect
Most people know they should save for retirement, but many don’t know exactly what expenses to expect. An often overlooked area is long-term care, a broad set of supports for everyday tasks like dressing or eating. While most of this care is provided by family members and friends, sometimes older adults and their families get these services from providers like home health aides, area agencies on aging or residential providers such as assisted living or nursing homes.
Understanding long-term care is the first step in creating a plan. Key things to know include:
2. It’s not just about you
A choice to plan or not plan will likely have a big impact on family and friends who may also be informal caregivers. Statistics show that most long-term care is provided by family members or other loved ones.
Take the time to make clear your preferences for what kind of help you value most and where you want to receive it. Family and friends will feel better knowing that you are thinking about your needs – and theirs – by planning for long-term care.
3. Better active than reactive
Be proactive. Staying at home is great, especially if it has been modified to help you avoid an injury and continue to care for yourself. However, it won’t happen without taking steps to ensure you can get the supports you need at home. Start thinking about ways to maintain your independence, safety and care needs.
For more information and resources to develop a care plan, visit longtermcare.gov.
(Family Features) Protecting your family and loved ones is one of your most important responsibilities. Many people think about protection in terms of physical acts, such as practicing safe driving, but there are many more aspects of your lifestyle and home that affect your loved ones’ safety.
Protect your family’s financial health
Although it can be painful to consider, your untimely death may leave your family reeling – not only emotionally, but financially, too. Life insurance can help cover funeral costs, child care or act as income replacement. It can also help pay off any loans you’ve accrued, such as a home mortgage, car payment, credit card debt or student loans.
If you don’t have life insurance, it’s never too soon to explore your coverage options. You may be able to save on premiums and get more coverage for your dollar by completing a health exam as part of your application, which helps build a more accurate assessment of your health.
If you do have coverage, it’s a good idea to regularly review your coverage to ensure it still meets your needs. Also check your beneficiaries to ensure your policies are updated with your current information, especially if your family has grown.
Ensure your family is breathing safe air
One threat you may not be aware of is radon, a radioactive gas that occurs naturally in the environment but can create significant health consequences in anyone exposed to unsafe levels.
Radon is an odorless, colorless and tasteless gas that can go undetected in homes until it is too late. According to the U.S. Environmental Protection Agency, radon is the leading cause of lung cancer deaths among non-smokers in America, and claims the lives of nearly 21,000 Americans each year.
January is National Radon Action Month, so it’s a good time to learn more about radon testing and obtain a test kit for your home. To locate a qualified radon professional, visit epa.gov/radon.
Know your own health status
It is difficult to protect loved ones if you are not healthy yourself. Make sure you receive proper preventive care, such as regular health screenings and check-ups that are recommended for your gender and age.
Many employers and health plans offer health screenings. If you have applied for life insurance, many policies provide the laboratory results from your application that you can share with your physician. Find a checklist of important preventive screenings at CDC.gov/Prevention.
Protect the home of your loved ones
There are over 2 million burglaries annually in the United States, according to FBI statistics. Home security systems can help put your mind at ease, and having a security system can also decrease the premiums you pay for monthly homeowner’s insurance. Studies have shown that homes with a security system see a 39 percent decrease in financial loss compared to homes with no security system.
Safeguard your family from fire hazards
The National Fire Protection Association estimates that two-thirds of home fire deaths result from fires in homes with either no smoke alarms or non-working smoke alarms. Batteries wear out and may be taken out to cease persistent beeping then never replaced. Smoke alarms should be in every bedroom, outside every sleeping area and on each level of your home.
In addition to regularly checking alarms and batteries, it’s a good idea to make a family escape plan in the event of a fire.
Keep your loved ones safe and find more ways to protect your family at MyExamOne.com.
SOURCE:
January 2021
December 2020
September 2020
August 2020
June 2020
May 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
December 2017
November 2017
September 2017
August 2017
July 2017
June 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
All
1040
1040a
1040EZ
1099
401k
401(k)
Accident
Accident Insurance
Accidents
Account Information
Accounting
Accounts
Advertising
Advice
African-American
African-Americans
Age
Aging
Amazon
Analysis
Annual
Annual Enrollment
Annuities
Annuity
Antique
Antiques
Appraisal
Apps
April 15th
Assets
Assisted Living
Attorney
Auto Insurance
Auto Loan
Automatic Payments
Automobile
Autopay
Baby
Bank
Banking
Bankruptcy
Banks
Benefits
Bills
Birth
Bonds
Borrower
Borrowing
BPT
Brandpoint
Brandpoint Content
Budget
Budgeting
Calculator
Cancer
Capital
Capital Gains
Car
Car Accident
Career
Careers
Car Insurance
Car Loan
Cars
Cash
Cash Flow
Casinos
CBS This Morning
CD
Center For Financial Services Innovation
Certainty
Charitable
Charity
Check
Checking
Checks
Child
Children
Child Tax Credit
Choices
City
Claim
Claims
Closing Costs
Collateral
Collectibles
College
College Loans
Communications
Community
Companies
Comparison
Compensation
Compound Interest
Compunding
Computer
Computers
Conflicts Of Interest
Consumer
Consumer Protection
Consumers
Consumption
Contract
Contributions
Convenience
Conversion
Copayment
Copayments
Coronavirus
Cost Of Living
Costs
Couples
Court
Coverage
CPA
Credit
Credit Card
Credit Cards
Credit History
Credit Report
Credit Reports
Credits
Credit Score
Credit Union
Crime
Criminal
Crisis
Critical Illness Insurance
Cybercrime
Cybersecurity
Data
Dates
Death
Debit Card
Debt
Debts
Deductibles
Deductions
Deferred Compensation
Defined Contribution
Delivery
Demographics
Department Of Housing And Urban Development
Design
Destinations
Diamond
Digital
Disability
Disability Insurance
Discount
Discounts
Distribution
Distributions
Diversification
Doctor
Doctors
Documents
Donations
Down Payment
Down-payment
Earned Income Tax Credit
Earnings
EBay
Ecommerce
Economics
Economy
Education
Educational
EITC
Eligibility
Email
Emergency
Emergency Fund
Emergency Plan
Employee
Employee Benefits
Employer
Energy
Entertainment
Environmental
Equity
Estate
Estate Planning
Estates
Ethnic
Ethnicity
Exemptions
Expenses
Expert
Expertise
Experts
Families
Family
Family Features
Family Finances
FASB
Fashion
Federal Government
Federal Housing Administration
Fees
FHA
Filing
Finance
Finances
Financial
Financial Advisor
Financial Crisis
Financial Institutions
Financial Plan
Financial Planning
Financial Setbacks
Financial Strategy
Fixed Income
Flood Insurance
Fraud
Future
Gambling
Gaming
Generic Drugs
Gifts
Goals
Gold
Government
Green
Groceries
Grocery
Growth
Guide
Hacks
Health
Health Care
Health Insurance
Health Savings Account
Heirs
Higher Education
Hobby
Holiday
Home
Homebuyers
Homebuying
Home Equity
Home Equity Conversion Mortgage
Home Improvement
Home Insurance
Home Loan
Homeowners
Homeownership
Home Ownership
Homeowners Insurance
Home Repairs
Homes
Home Security
Home Warranty
Hospital
House
Household
Housing
HSA
HUD
ID
Identification
Identity Theft
Incentives
Income
Incomes
Income Tax
Income Taxes
Individual Investor
Information
Injury
Insurance
Insurance Claim
Insurance Company
Insurance Policy
Insurance Rates
Interest
Interest Rates
Internal Revenue Service
Internet
Investing
Investments
IRA
IRS
Itemize
Jewelry
Job
Job Loss
Jobs
Kids
Land
Laptop
Law
Lawsuit
Lawyer
Legal
Lender
Lending
Leukemia
Liability
Lifehacks
Life Insurance
Lifestyle
Limits
Line Of Credit
Literacy
Litigation
Loan
Loans
Long-term
Long-term Care
Loss
Losses
Lost Wages
Management
Manufactured Home
Manufactured Homes
Marginal
Marketing
Markets
Marriage
Matching
Medicaid
Medical
Medical Bills
Medicare
Medium
Mental Health
Metro Areas
MI
Millennials
Modular Homes
Money
Money Management
Monthly Budget
Monthly Payments
Mortgage
Mortgage Insurance
Mortgage Loan
Motivation
Move
Moving
Myth
Myths
Need To Know
Nestegg
New Home
News
Nursing Homes
Online
Online Auction
Online Banking
Online Filing
Online Shopping
Opportunities
Opportunity
Origination Cost
Parents
Patients
Pay
Paycheck
Payment
Payments
Penalties
Penalty
Pension
Personal Bankruptcy
Personal Finance
Personal Finances
Personal Privacy
Personal Wealth
Pets
Phone
Plan
Planning
PMI
Policy
Portfolio
Premiums
Prescription Drugs
Prevention
Prices
Pricing
Priorities
Privacy
Property
Protection
Prudential
Psychology
Purchasing Power
Qualifications
Rate Of Return
Rates
Real Estate
Realtor
Refund
Regulation
Relationships
Relocation
Rent
Rental
Renters
Renting
Resale
Research
Restaurants
Retire
Retirees
Retirement
Retirement Account
Retirement Planning
Returns
Reverse Mortgage
Risk
Risk Factors
Risk Tolerance
Robbery
Rollover
Roth IRA
Safety
Salary
Save
Saving
Savings
Scam
Scams
Scholarship
School
Security
Senior Care
Senior Citizens
Seniors
Settlement
Settlements
Shipping
Shocks
Shopping
Silver
Skimming
Smartphone
Socially Resposible Investing
Social Security
Spanish
Spend
Spending
Spouse
SSDI
State Taxes
Stock Market
Stocks
Strategy
Stress
Style
Suggestions
Supply Chain
Survey
Sustainability
Tax
Tax Consequences
Tax Credits
Tax Deadlines
Tax Deductions
Taxes
Tax Filing
Taxpayers
Tax Planning
Tax Preparation
Tax Refund
Tax Return
Tech
Technology
Teens
Terms
Testing
Texting
Theft
TIAA
Time
Tip
Tips
Title
Tools
Traditions
Transaction
Transactions
TransUnion
Trend
Trends
Tricks
Trucking
Trump
Trusts
Unemployment
Unemployment Insurance
Unexpected Expenses
UPS
Urban
Vacation
Valuables
Value
Veterans
Volatility
Voluntary Benefits
Wages
Wall Street
Washington
Wealth
Web
Wedding Rings
Wife
Will
Wills
Wisconsin
Withdrawl
Withholding
Work
Workplace
Worry
Wow
Young Adults