Doctor’s Orders: The Journal of the American Medical Association Says Now is the Time to Address Advance Care Planning

As retirement planning professionals, Rajiv Nagaich and his AgingOptions team are used to dealing with people procrastinating. One of the elements of planning that many people tend to put off is advance care planning – what will happen should you become unable to make medical decisions on your own, and who will decide for you…

Coronavirus Relief Package Relaxes Rules Allowing Withdrawals from Your 401(k) – but Tapping These Funds May Be Unwise

There’s no doubt about it: $2 trillion is a lot of money. We’re just beginning to get a clearer picture of the details buried in the massive stimulus package passed by both houses of Congress and signed into law last week by President Trump.  The unprecedented bill, passed in record time in response to the…

Taking early social security is usually a bad idea.

The Coronavirus Won’t Affect Your Social Security Benefits, but There Are Still Some Things You Should Know

Among the long and growing list of things people are worried about during the coronavirus outbreak, here’s one worry you can cross off your list: your Social Security benefits are not going to be halted or delayed. That’s according to this article recently published on the Motley Fool financial website. However, says reporter Katie Brockman,…

AgingOptions Follow-Up Report: Federal Judge Rules Medicare Patients Can Challenge “Observation Care” Status

Here at AgingOptions we’ve written several times about the trap of being hospitalized under what’s called “observation care” status, or just “observation status.” Many unwitting beneficiaries have been discharged from the hospital and sent to a rehabilitation facility for recovery, only to discover that Medicare has declined to pay the rehab cost. The reason: the…

If the Coronavirus Outbreak Has Prompted You to Get Serious About End-of-Life Directives, AgingOptions Has the Solution

As part of our commitment to helping you make the most of the unusual circumstances triggered by the coronavirus pandemic, the team at AgingOptions, along with our partners at LifePoint Law, want to make it as easy as possible for you to experience the peace of mind that comes with proper legal planning.  But how…

We’re All Riding on a Financial Roller Coaster – So, Here’s What to Do (and Not to Do) to Survive the Trip in the Best Possible Shape

Any day now, if you haven’t already, you’ll probably be receiving your quarterly 401(k) statement in the mail or on line. It won’t be pretty reading. The stock market over recent weeks has taken the whole country on a wild roller coaster ride, and with all the turmoil it’s hard to know what the average…

Some Tips on How to Spot Coronavirus Misinformation: Make Certain You’re Getting Your News from Reliable Sources

For weeks now, the news has been dominated by one story – the worldwide impact of the coronavirus. Many things have happened that no one could have foreseen, from the stock market crash to the near-halt in airline travel to the eerie images of entire cities in virtual lockdown. At times like these, rumors seem…

If All the Bad News is Keeping You Awake, You May be Putting Your Health at Risk – So Make Sure You Get Enough Shut-Eye

During times of stress like we’re all experiencing, it’s vitally important that we stay healthy by practicing self-care. But sadly, one of the first casualties of stress is sleep. A year ago, we shared this story reminding our AgingOptions blog readers that skipping sleep is potentially dangerous, even in the best of times. That means…

Letter to our Community

Dear Friends, In midst of the Coronavirus pandemic crisis, the people of the state of Washington are desperately seeking our help to set up basic estate plans: wills, powers of attorney, and advance directives. On March 23, 2020, Washington Governor Jay Inslee, pursuant to emergency powers granted under RCW 43.06.220, issued Proclamation 20-25 Stay Home…

IRS Update: Treasury Secretary Announces 90-Day Delay in Tax Filing Deadline Due to Coronavirus Fallout

The coronavirus is upending all aspects of life in the U.S. in early 2020, but finally there’s a bit of good news. Treasury Secretary Steven Mnuchin announced a few days ago that taxpayers will be getting a break in the form of a 3-month reprieve in filing federal taxes. Instead of the familiar April 15th…