Senior Life
News & information for the seniors in our community

sponsored by Friendship Manor


 

When and how to tap tax-deferred retirement plans

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[April 22, 2011]  URBANA – If you have money in an IRA, a 401(k), or any other type of retirement plan, University of Illinois Certified Financial Planner Karen Chan says you should know the basic rules about taking money out of those accounts. If you don’t, you might pay penalties that could have been avoided. (Click here for the rest of the story)


Survivors benefits explained  

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[April 22, 2011]  The loss of a loved one can be painful. The death of a wage earner upon whom a family depends also can be financially devastating.

If you’re like most young or middle-aged workers, you probably think of Social Security only as a retirement program. But some of the Social Security taxes you pay go toward providing survivors insurance for workers and their families. Think of it as a life insurance policy you never knew you had — paid for by the same taxes that cover you for retirement or disability. (Click here for the rest of the story)


Treatments can help those with diabetic nerve pain in hands and feet

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[April 22, 2011] (ARA) - In the United States alone 25.8 million children and adults have diabetes. About 25 percent of those with diabetes have pain and numbness from nerve damage which can be disruptive to living a normal life. The good news is new treatments and strategies can help eliminate this pain today and in the future. (Click here for the rest of the story)


Scams are no joking matter; don't become an April fool
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[April 22, 2011]  Being the butt of an April fool’s joke is fine when it’s good-natured fun. But no one wants to fall victim to a scam artist or identity thief.

You may think you’re safe simply by not carrying your Social Security card with you and not providing your personal information over the Internet or by email. But scam artists have become shrewd.  Never reply to an email claiming to be from Social Security and asking for your Social Security number or personal information. (Click here for the rest of the story)


What if the Government Took Over Baseball (satire)

By Mike Fak

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[April 22, 2011]  Well baseball season is upon us and that always warms my heart. More importantly, baseball season means the weather will also start warming my feet which have been frozen for the past 3 months. Barry Bonds court case is in the sports news of course. The reason Bonds is in court is because he lied to a federal grand jury. It seems with all the mess in Washington these days, the feds still have time to try and clean up baseball rather than use the broom on their own bureaucratic dirt. (Click here for the rest of the story)


As inflation worries rise, act now for retirement security

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[April 22, 2011]  (ARA) - Americans are worried what inflation might do to their retirement finances. According to a recent Thrivent Financial for Lutherans survey of 2,000 American adults, 93 percent of all respondents reported they worried at least "a little" about inflation's impact on their retirement finances, and a majority, 53 percent, said they worried "a lot."  (Click here for the rest of the story)


George Takei and Patty Duke Join Forces to Tell Americans to Boldly Go to www.socialsecurity.gov

 

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[April 22, 2011]  Entertainment icons George Takei and Patty Duke have teamed up to tell Americans to Boldly Go to www.socialsecurity.gov to apply for retirement, disability, Medicare, and so much more.  The two celebrities are joining forces in a new campaign to help the Social Security Administration promote its online services as an easy and secure way for people to do business with the agency. (Click here for the rest of the story)

 


Dept on Aging Director leads initiative to encourage interaction among generations

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[April 22, 2011]  SPRINGFIELD - Illinois Department on Aging (IDoA) Director Charles D. Johnson convened the fourth Senate Forum on Intergenerational Leadership April 5. The purpose of the daylong forum is to emphasize the importance of generations working together to promote a world class education system. Director Johnson was joined by George Reid, Executive Director of the Illinois Board of Higher Education, to explain how generations working together can benefit communities. The focus of the intergenerational leadership forum was to discuss literacy and promote student success in reading. (Click here for the rest of the story)


Class is in session with Social Security webinars 

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[April 22, 2011]  You’ve probably been on the web, and it’s likely that you’ve attended a seminar. But have you ever attended a “webinar?” We recommend that you do. 

Social Security offers a selection of webinars at www.socialsecurity.gov/webinars. Class is always in session — past webinars are available for you to view at any time. The information can be valuable, but the cost is free. (Click here for the rest of the story)


Fast Medicare coverage even when you're not retired 

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[April 22, 2011]  You’ve made your decision: although you’re eligible to collect Social Security payments, you’re going to keep working and delay receiving your retirement benefits. (Click here for the rest of the story) 


Tax season: A great time to conduct a retirement checkup

 

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[April 22, 2011]  (ARA) -Every year there are routine obligations to fulfill - visiting the doctor for a checkup, doing your taxes, seeing a dentist. But is evaluating your retirement plan one of those annual rituals? For many, a lack of proactive planning will only lead to added stress. (Click here for the rest of the story)


What women should know about Social

 Security 
 

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[April 22, 2011]  While the Social Security program treats all workers — men and women — exactly the same in terms of the benefits they can receive, women need to know what the program means to them in their particular circumstances. Understanding the benefits to which they may be entitled may mean the difference between living more comfortably versus just getting by in their later retirement years. (Click here for the rest of the story)


Wireless hearing aids? How technology continues to improve our lives

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[April 22, 2011]  (ARA) - "Any sufficiently advanced technology is indistinguishable from magic," wrote physicist and science fiction author Arthur C. Clarke. Imagine what our ancestors, who relied on telegraphs or landline telephones, would make of today's wireless communications technology. (Click here for the rest of the story)


Figuring out retirement 

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[April 22, 2011]  For almost every American worker, Social Security is “part of the plan” for a secure retirement. If you are among the roughly 95 percent of workers in the United States who are covered under Social Security, here’s a primer on retirement coverage. (Click here for the rest of the story)


Area Agency on Aging for Lincolnland

Announces Program for Family Caregivers 
 

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[April 22, 2011]  Springfield - The Area Agency on Aging for Lincolnland, in cooperation with Senior Citizens of Logan County, has scheduled a Lunch and Learn program for informal caregivers of older adults and grandparents and other relatives raising children.  It will be held at the Oasis Senior Center, 501 Pulaski Street, Lincoln, on Wednesday, March 30, from noon to 1:00 p.m. (Click here for the rest of the story)


Lower your risk with heart healthy habits

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[April 22, 2011]  ARA --The Centers for Disease Control reports that more than one quarter of all deaths are caused by heart disease alone. However, despite its often-deadly effects, heart disease does not have the high profile of cancer, AIDS and other terminal diseases. This means that many people with heart disease either do not realize they have the condition, or do not seek treatment for early warning signs. While many think that heart disease primarily affects men or the elderly, women are just as likely to suffer from heart disease as men. In fact, approximately 10 percent of women age 45-64 suffer from the disease. (Click here for the rest of the story)


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