Social Security Announces 1.3 Percent Benefit Increase for 2021

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Social Security Announces 1.3 Percent Benefit Increase for 2021 October 13, 2020

Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021, the Social Security Administration announced today.

The 1.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in January 2021. Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2020. (Note: some people receive both Social Security and SSI benefits). The Social Security Act ties the annual COLA to the increase in the Consumer Price Index...

Estate Planning for Digital Assets

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By: Michele Procino-Wells, Esq.

This year marks my 25th year as a lawyer. When I reflect on what’s changed the most during my career it’s easy to know it’s the use of technology. As a new lawyer, when I needed to draft a document, I dictated onto a cassette tape which was then transcribed by one of the ladies in the typing pool. Now, 25 years later, I’m sitting outside using the hotspot on my phone to connect to my firm’s cloud-based server and typing this article on my laptop.

Technology has not only changed how I practice law, but...

A Little Known Help

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Worried. Overwhelmed. Exhausted. Stressed.

The local chapter of a health advocacy group did an informal survey of their members aimed at understanding the experience of family caregivers, those people taking responsibility to provide care to a loved one with a health need. These are spouses, adult children, nieces and nephews, even elderly parents caring for an adult child. These words describe their experience.

Caring for someone else full time is an enormous undertaking and usually so demanding that most caregivers lose sight of taking care of themselves with breaks and rest. Mixing in the emotion of caring for a family...

4 Secrets to Finding Purpose and Community After Retirement

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Generously contributed by Vital! Magazine. You can

No matter how much you look forward to retirement, you may wake up the morning after your last day at work and feel sadness or anxiety. For decades, your days and weeks were structured. You knew what you had to do, where you had to be, what time you had to be there, and who you’d see when you arrived. Now you’re without that structure and community. Sometimes we don’t know what we’re going to miss until it’s gone, and structure and community are things you may be surprised...

She's Still Independent

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Contributed by: Karen L. Hurley, Estate Administration Coordinator

My cat Frank lives for routine and predictability. He doesn’t want to be fed at 7:01, he wants to be fed at 7:00 sharp. He’s not alone. Most of us learn to appreciate or maybe crave some of the repetition in life. That’s not to say that surprises can’t be fun. Most of us love an unexpected visit from a close friend, receiving a thoughtful gift, or finding a refund check in the mail! But sometimes life has a way of poking holes in our routines and presenting surprises that aren’t so...