Wednesday, April 24, 2019

Senior Connections
Farmingdale Public Library
July/August 2019 Newsletter
Topic of the Month
Know What is Covered and What is not Covered
Policies may cover nursing home care, home health care, assisted living, hospice care or adult day care, or some combination of these. Policy that covers multiple types of care will give you more flexibility in choosing care that is right for you.
Waiting Period
Most long-term care insurance policies have a waiting period before benefits begin to kick in. This waiting period can be between 0 and 90 days, or even longer. Longer waiting period can mean lower premiums. Some policies may have different waiting periods for home health care and nursing home care.
Daily Benefit
Daily benefit is the amount insurance pays per day toward long-term care expenses. purchasing the maximum daily benefit will assure you have the most coverage available. Lower daily benefit will mean a lower premium. Compare daily benefit levels.
Benefit Period
When you purchase a policy, you need to choose how long you want your coverage to last. In general, you do not need to purchase a lifetime policy if three to five years' worth of coverage should be enough according to a new study from the American Association of Long-Term Care Insurance. Unless you have a family history of a chronic illness, you aren't likely to need more coverage.
If you are purchasing insurance as part of a Medicaid planning strategy, however, you need to purchase at least enough insurance to cover the five-year look-back period. You can transfer assets to family member before you enter the nursing home, use the long-term coverage to wait out Medicaid's five-year look-back period, and then apply for Medicaid within limits to pay your nursing home costs.
Inflation Protection
As nursing home costs continue to rise, your daily benefit will cover less expenses. Most insurance policies offer inflation protection of  five percent a year. Inflation protection can significantly increase your premium. Inquire about two main types of inflation protection: compound or simple interest increases and evaluate cost-benefit results.
In conclusion, there are many factors to be considered in determining the best Long-Term Care Insurance that is right for you. For more comprehensive explanation, access internet @  "AARP - Understanding Long-Term Care Insurance".     

Wednesday, February 20, 2019

Senior Connections
Farmingdale Public Library
May/June 2019 Newsletter
Topic of the Month

Being Prepared for End of Life
Regardless of whether the death of a loved one is unexpected or anticipated, dealing with it is always difficult and usually catches family members unprepared. A little planning can go a long way in easing the stressful situations.
Plan Ahead
--Prepare a "Last Will & Testament". This documents intentions of  person for whom it was written and gives instructions for how you want your individual assets distributed to your heirs.
--A "Living Will" affords your loved ones peace of mind regarding your medical wishes and life support intentions.
--A "Health Care Proxy" designates a personal representative to make medical decisions if you are incapacitated.
--A "Durable Power of Attorney" authorizes personal representative to make financial decisions if you are incapacitated.
--Plan for financial welfare of your survivors, i.e. insurance policies, retirement plans, investments, trusts, etc.
--Express your preferences for funeral arrangements. Consider a "Pre-Plan".
--Choose and ask someone you trust to be your executor or personal representative. He or she should work closely with attorney, tax preparer, financial advisor and insurance agent to accomplish all necessary obligations.
How Does Death Affect Assets?
An estate is created at time of death.The estate consists of assets that were owned at time of death. The estate is responsible for paying all remaining debts of decedent, as well as any incurred to handle final affairs. The estate will exist until all bills are paid and remaining assets distributed.
 What Needs To Be Done?
After funeral arrangements are made and services conducted, affairs of estate need to be completed. This generally involves an attorney probating estate, reading the will and carrying out its directives. The executor or personal representative is responsible for the distribution of assets and filing final income tax returns. A professional tax preparer (CPA) can facilitate actions to be taken and required forms to be filed with IRS.
Being prepared for end of life is essential for fulfilling decedent's wishes and for family's peace of mind.
(Source: Information summarized & amended from National Association of Tax Professionals - NATP "Death & Taxes" publication available at library Reference Desk)    

Thursday, December 20, 2018

Senior Connections
Farmingdale Public Library

March/April 2019 Newsletter
Topic of the Month

Learning About "SERVICE ANIMALS"
US Department of Justice provides regulations under Americans with Disabilities Act (ADA) regarding "Service Animals"---only dogs are recognized as service animals. A dog is individually trained to do work or perform tasks for a person with a disability. Examples include:
--guiding a person who is blind
--alerting people who are deaf
--alerting and protecting a person with seizure
--calming person during anxiety attack
--and more

Generally, service dogs must be permitted to accompany the disabled in all areas where the public is allowed to go. Specific rules related to service dogs:
--when it is not obvious what service a dog provides, only two questions are allowed 1)is service dog 
  required because of a disability?, 2) what work or task has dog been trained to perform ?
--a disabled person cannot be asked to remove service dog from premises unless 1) dog is out of control, 2) dog is not housebroken
--and more

To obtain complete requirements and regulations regarding service dogs, visit and input "Service Animals" in Search bar, or visit Senior Connections in Outreach Services room at library for a copy of regulations.

Thursday, October 18, 2018


January/February 2019 Newsletter

Topic of the Month
Stroke and Heart Attack Warning Signs
Heart attack and other cardiovascular diseases are America's No. 1 killer.
To help identify symptoms early, American Heart Association created a list of warning signs for following cardiovascular diseases. Individuals may experience one or more of these in different degrees.

Heart Attack Warning Signs 
  • Chest Discomfort. Is discomfort in center of chest that lasts more than a few minutes, or that goes away and comes back? It can feel like uncomfortable pressure, squeezing, fullness or pain.
  • Discomfort in Other Areas of Upper Body. Symptoms can include pain or discomfort in one or both arms, back, neck, jaw or stomach.
  • Shortness of Breath. This feeling can occur with or without chest discomfort.
  • Breaking Out in Cold Sweat, Nausea or Lightheadedness
CALL 9-1-1 if person shows any of these symptoms. Get to hospital right away.

Stroke Warning Signs
  • Sudden numbness or weakness of the face, arm or leg, especially on one side of body
  • Sudden confusion, trouble speaking or understanding
  • Sudden trouble seeing in one or both eyes
  • Sudden trouble walking, dizziness, loss of balance or coordination
  • Sudden, severe headache with no known cause
 CALL 9-1-1 if person shows any of these symptoms. Get to hospital right away.

Wednesday, August 22, 2018


November/December 2018 Newsletter

Topic of the Month

To inform federal income taxpayers of extensive changes to the tax code prior to upcoming tax preparation period, the Journal of Accountancy in concert with Association of International Professional Accountants, prepared a detailed description of the new Tax Cut and Jobs Act which went into effect 2018. This act, which both houses of Congress passed on December 20,2017 and signed by the President, contains a large number of provisions that affect individual taxpayers. To keep the cost of the bill within Senate budget rules, however, all changes affecting individuals expire after 2025. At that time, if no future Congress acts to extend the provisions, the individual tax provisions would sunset, and tax law would revert to 2017 law. 

The tax law website  provides info on tax rate tables, passthrough income deductions, tax credits, education provisions, itemized deductions, and more.
Visit website: to view details of the Act or visit us (Senior Connections) at the library.

Tuesday, June 26, 2018


September/ October 2018 Newsletter

Topic of the Month

It may be hard to know the difference between age-related changes and the first signs of Alzheimer's disease. To help identify problems early, the Alzheimer's Association created a list of warning signs for Alzheimer's disease individuals may experience one or more of these in different degrees.

  • Memory loss that disrupts daily life.
  • Challenges in planning or solving problems.
  • Difficulty completing familiar tasks at home, at work or at leisure.
  • Confusion with time or place.
  • Trouble understanding visual images and spatial relationships.
  • New problems with words in speaking or writing.
  • Misplacing things and losing the ability to retrace steps.
  • Decreased or poor judgement.
  • Withdrawal from work or social activities.
  • Changes in mood and personality.

Wednesday, May 2, 2018


July/August 2018 Newsletter

Topic of the Month

If you have limited income and resources, you may qualify for help to pay for some prescription drugs. EXTRA HELP is a Medicare program to help people with limited income and resources pay Medicare prescription drugs. You may qualify for EXTRA HELP if your yearly income and resources are below these limits in 2018:
  • Single person - income less than $18,210 per year and resources less than $14,100
  • Married person living with a spouse and no dependents - income less than $24,690 per year and resources less than $28,150
Resources include money in checking or savings account, stocks, bonds, mutual funds and IRA's. Examples of  income: Social Security, interest, dividends and others.
If you qualify for EXTRA HELP and join a Medicare drug plan, you will:
  • Get help paying your Medicare drug plan's costs
  • Have no coverage gap
  • Have no late enrollment penalty
  • Have the chance to switch plans at any time
You automatically qualify for EXTRA HELP if you have Medicare and full Medicaid or Supplemental Security Income (SSI) benefits.
If you have employer or union coverage and you join a Medicare drug plan, you may lose your employer or union coverage even if you qualify for EXTRA HELP. Call your employer's benefits administrator before you join a Medicare drug plan.
If you did not qualify for EXTRA HELP, you can apply anytime by visiting or calling 1-800-772-1213. To get answers to questions about EXTRA HELP, call your State Health Insurance Assistance Program (SHIP) at 1-800-701-0501. You can also call 1-800-MEDICARE.
Source: Centers for Medicare & Medicaid Services