New Law Authorizes PA ABLE Savings Accounts

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Act 17 of 2016 – The Pennsylvania Achieving a Better Life Experience Act (PA ABLE) – became law on April 18th. The new law authorizes the creation of special tax free savings accounts for individuals who became severely disabled before they reached age 26. In December 2014, the Federal government first authorized states to create […]

Alzheimer’s Report Documents Financial Difficulties Faced by Caregivers.

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The Alzheimer’s Association has released the 2016 edition of its Alzheimer’s Facts and Figures report. The Report is a comprehensive compilation of information on Alzheimer’s disease and related dementias. It sheds light on the impact of Alzheimer’s on individuals, families, government and the nation’s health care system. In 2016 an estimated 5.4 million Americans have […]

Statistics of Long-term Care

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Have you ever wondered how likely it is that you will need long-term care in the future? Have you ever wondered what it costs, on average, to reside in a nursing facility for a month, on average, in Pennsylvania? The statistics of long-term care can be downright scary. Approximately 70% of individuals over the age […]