by Jackie Cara | May 31, 2025 | Uncategorized
Takeaways Full Social Security Retirement Age (FRA) is 67 for those born in 1960 or later, not 65 as it once was, due to legislation adjusting for increased life expectancy. Claiming Social Security benefits before FRA results in permanently reduced monthly payments....
by Jackie Cara | May 8, 2025 | Uncategorized
In recognition of May’s Mental Health Awareness Month, Cara Law will be providing information about issues related to Mental Health, Alcohol and Substance Use Disorders. Too often, families don’t know where to turn when a loved one is struggling. We want you to know...
by Jackie Cara | May 8, 2025 | Uncategorized
Takeaways The WISH Act proposes a federal long-term care insurance trust fund to provide monthly funds for long-term care expenses after a waiting period, aiming to support aging in place and reduce reliance on Medicaid. Potential benefits include increased access to...
by Jackie Cara | May 8, 2025 | Uncategorized
As people get older, they often need to rely on others for various kinds of help and are more likely to suffer from Alzheimer’s disease or other forms of dementia. Consequently, as people age, they are more vulnerable to being financially taken advantage of,...
by Jackie Cara | May 5, 2025 | Uncategorized
Takeaways Retirement planning confidence varies significantly across generations, influenced by economic factors and unique challenges. Current retirees advise paying down debt, beginning to save early, and utilizing employer-sponsored plans for successful retirement....
by Jackie Cara | May 5, 2025 | Uncategorized
Takeaways Republicans are pushing to repeal the federal estate tax, which they call the “death tax,” arguing it burdens family businesses and farms. Democrats contend it is a key tool for reducing wealth concentration. The tax currently applies to a small...
