January 12th 2009 Newsletter
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Congress Waives Retirement Account Distribution Requirements for 2009 |
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President Bush has signed legislation that will temporarily suspend the penalty for seniors who fail to take the required minimum distribution from IRA and employer retirement accounts in 2009. |
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In the recent economic downturn, many homes have lost considerable value and stock portfolios have plummeted. If this is the case for you, you may need to change your will. |
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Book Review: Caring for Your Parents: The Complete Family Guide |
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Five-Star Rating System for Nursing Homes Arrives, for Better or for Worse |
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The Centers for Medicare & Medicaid Services has unveiled a one- to five-star rating system for nursing homes to help consumers evaluate a nursing home’s quality when selecting a facility. But both consumer advocates and the nursing home industry have reservations about the new system, for different reasons. |
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Long-Term Care Insurer Dumps 140,000 Policies on State’s Doorstep |
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Conseco Inc., a major long-term care insurer, has transferred more than 140,000 of its policies to an independent trust set up by Pennsylvania, putting policyholders all over the country at risk. |
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