Archive for Finances
Reverse Mortgages – Robert Howe Attorney at Law Wants you to know
Posted by: | CommentsHi folks,
Tonight at 6:30 Attorney Robert Howe will be discussing how reverse mortgages work, and some of the intricacies of reverse mortgages.
105 NYC Senior Centers Potentially Slated to Close
Posted by: | CommentsOn April 1, the new budget will go into effect. Millions of dollars in funds will be cut from Title 20 of the NY budget. Title 20 monies are partially used to fund NY Senior Centers. According to Senator Golden, these monies have been allocated as part of the budget for decades. He also said “if these funds are cut it will be extremely difficult to get them back.”
These funds that are scheduled to be cut on April 1, 2011 will potentially cause 105 NY Seniors Centers to Close.
Check the list for the Senior Center in your neighborhood that might potentially close.
The PESID, People Empowering Seniors Independence & Dignity, group will be meeting tomorrow in Bay Ridge Brooklyn. I’m the Founder of the PESID group, and we are urging folks to come out and discuss these cuts that will certainly be catastrophic. Senior Centers are a vital resource for many of our seniors. Senior Centers provide meals, counseling, socialization and so much more. These cuts will effect more than 10,000 seniors in our city.
If you would like to join us tomorrow and let your voice be heard just RSVP at this link. If you are not a member you will need to sign up for your free membership and then RSVP. PESID, People Empowering Senior Independence & Dignity.
You can also find additional info regarding the potential closing of 105 senior centers at this specific links,
DFTA, Department for the aging
NY1
105 Senior Centers Slated To Close
See the pdfs attached with the list of centers and the elected official for that district. There are 3 lists, Senators, Council Members, Assembly Members, indicating the elected officials for each of the centers.
Title-XX-senior-center-closings-NYS-Senate
New York will you be able to heat your homes?
Posted by: | CommentsNew York, NY with oil prices going up and up, you have to wonder what it will cost to heat your home.
We have programs in place to helps folks in the city. HEAP home energy assistance is available, however it is not much when you look at the thousands it usually costs to heat a home.
I had a friend send me an email regarding a place called Bakken Shale located in the United States, where there we have a abundance of oil. This was initially reported back in 2006. I just don’t understand why our oil prices are going up when this abundance exists. Here is a link to the info Bakken Shale. What do you think?
More Medicare cuts to low income seniors
Posted by: | CommentsI received a letter today from the JASA organization. This is a fantastic organization. As a matter of fact I just recently, Fall 2010, graduated from their IFSA, Institute For Senior Action, training class. The great part about that is it puts me on a list of people who are notified when good and bad things are coming down the pike for seniors. Lately I feel like I’m bring you a lot of info that seems discouraging. What’s important here is these cuts have not taken place yet. So here is a copy of that letter with some links to the various organizations involved. We must contact our elected officials in writing and let them know we strongly disagree with these cuts to senior services. These cuts will only have a very negative affect on seniors. You should also call AARP and find out just what this all means to you.
O.K. here is the letter I received.
AARP’s EPIC toll-free number is now operational and anyone concerned about the future of EPIC is encouraged to use it. It will connect people to their state legislators.
The number is 1-800-700-6469.
SAVE EPIC!!
200,000 Older New Yorkers will Lose EPIC Coverage Under Cuomo Budget
New York StateWide Senior Action Council urges seniors, their families and caregivers and the 300,000 older New Yorkers who are enrollees in the EPIC program (Elderly Pharmaceutical Insurance Coverage) to call their state legislators in their district offices this week while they are not in session in Albany to protest Governor Cuomo’s phasing out of the program. The EPIC program started in 1987 but for lower income seniors has served as a supplement to the Medicare Part D program since that program began in 2006. Governor Cuomo’s budget eliminates EPIC coverage except for drugs not paid in the Medicare donut hole. An estimated 200,000 of the 300,000 EPIC enrollees do not reach the Medicare donut hole or coverage gap which begins when a senior has spent $2840 in annual drug costs. Under Cuomo’s plan, they would not longer receive any support from EPIC.
EPIC has been paying the Medicare deductible and premium costs for lower income New Yorkers as well as subsidizing the co-payments. The elimination of that support will cost enrollees as much as $1000 per year or more, despite the Governor’s pledge to not support new taxes or fees.
EPIC was passed in December 1986 and signed into law by Governor Mario M. Cuomo.
We should be celebrating the 25th anniversary of the passage of EPIC this year, not joining the Governor Andrew Cuomo in preparing for its demise.
If you need phone numbers for your legislators’ district office or for more information contact Maria Alvarez, Executive Director, at maconsult@aol.com or respond to this StateWide e-news email address.
Mary Clark
Citizen Action of NY
HCAN/SSS NYS Coordinator
cabing@citizenactionny.org
607-723-0110
607-232-2084 (cell)
LTC, Long Term Care Insurance are you prepared?
Posted by: | CommentsMost don’t prep for LTC outlays
Sixty-five percent of Americans say they believe that long-term care planning is an important
cost-saving action. But only 44% of them have started taking any steps to prepare for
unanticipated costs, according to a new consumer study from Lincoln Financial.
A common mistake, according to read
more
Star Exemption and enhanced star deadline 3-15-2010
Posted by: | CommentsIf you are not yet a senior and do not have children living with you in your owner occupied
home you may be entitled to a discount on your real estate taxes. In addition if you are a
senior age 65 living in an owner occupied dwelling you may be entitled to a discount. You
must request the discount by March 15, 2010. I have attached the form needed and an
explanation sheet. This is good for the 5 boroughs of NYC, check with the tax
assessor's office in other areas for available discounts. Download
Star_faq_english
5 things you need to know about Identity Theft
Posted by: | Comments- Make copies of the front and back of your
credit cards. This will allow you to have information readily available to call and cancel
your cards. - Call the three main credit bureaus and put
out a fraud
alert. 
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1.) Equifax: 1-800-525-62852.) Experian (formerly TRW): 1-888-397-
37423.)
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Trans
Union : 1-800-680
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0; - Call the Social Security Administration
(fraud line) 1-800-269-0271 - File a police
report - Do not sign the back of
your credit cards, write SHOW PHOTO ID
Bonus Do not
carry your social security number
around
If one of your creditors calls you with a fraud
alert asking questions get the card name and call back to the number on your statement.
You need to make sure you talk to someone from that company. When someone calls
you from the outside they could be anyone, including someone fishing for
information.
My wish is that
identity theft never touch your life, as it is a very painful experience. Please feell free to
comment and add any suggestions. Thank you
