Tag: low income
For decades, the Medicaid program has subsidized health care for the poor, including retirees. Yet, until recently, it largely excluded most working-age adults without disabilities due to a strict monthly income limit. All that changed in the 32 states and the District of Columbia that accepted the Affordable Care Act’s (ACA) option to expand their…
It’s a simple concept. Deposit retirees’ Social Security checks right before their big-ticket bills come, especially rent. The U.S. Social Security Administration’s current schedule for depositing pension checks in bank accounts is based on each retiree’s birth date– it can be the second, third, or fourth Wednesday of each month. The problem is that cash-strapped,…
