The Journal of the American Medical Association (JAMA) reported that hearing loss and health risks are connected. The risks include a 50% greater risk of dementia, a 40% greater risk of developing depression, and a nearly 30% higher risk of accidental falls. While hearing loss is becoming more prevalent in younger people due to...Read more
If it is possible that a loved one will need Medicaid assistance within the next few years, that person should not give gifts. This can be sad if that person gets joy out of generosity. But gifts in that situation can turn out to be very, very expensive. Medicaid is the government program that covers the...Read more
It is time for Gen Xers entering their 40s and 50s to take charge of their retirement planning. There are many things to consider, including finances, investments, insurance policies, legal documents, living arrangements, and healthcare. It is advisable to make a detailed checklist within these categories and take action on each item. Meeting with an...Read more
A hobby is an activity that someone pursues because they enjoy it without any intention of making a profit. A business, on the other hand, is operated to make a profit.How can you tell the difference between the two? Here are the factors the IRS considers:
- Does the time and effort put into the...