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Elderly Americans Are Increasingly Targeted by Financial Scammers

Scams targeting the elderly are spreading. According to Federal Trade Commission data, 26 percent of 2012 fraud complaints made to the agency were made by people age 60 and older (the highest of any age group). That figure represents an increase from 2008, when their rate stood at 10 percent, the lowest for any age group. According to a 2010 survey by the Investor Protection Trust, an organization... 

State Settles with Insurance Firms over Workers’ Compensation Irregularities

An insurance business truism: insurance companies love to collect money, but they detest parting with it. And a prominent January settlement between the Missouri Department of Insurance and two insurance companies certainly backed up the truth behind the stereotype. State insurance regulators settled with EMCASCO Insurance Company and Employers Mutual Casualty Company after examiners found several... 

MyRA Retirement Accounts: What You Should Know

Workers will soon have a new retirement savings option. In his State of the Union address, President Obama announced the establishment of the new MyRA program, retirement accounts for workers who do not have access to employer-sponsored 401(k)s. MyRAs can be opened through employers with as little as a $25 minimum deposit and future contributions as low as $5, automatically deducted from employees’... 

Early Intervention Evaluations: What to Expect

Under Part C of the Individuals with Disabilities Education Act, states receive funds to make early intervention services available to infants and toddlers with disabilities under the age of three years and their families.  To be eligible for services, children must be less than 3 years of age and have a confirmed disability or established developmental delay, as defined by the State, in one or more... 

New Device Could Battle Traumatic Brain Injury

In January, scientists at the University of Kansas Medical Center and Case Western Reserve University announced a new device that may one day restore movement for people with a traumatic brain injury (TBI). The invention offers hope for thousands of combat veterans who suffer from TBI (also known as acquired brain injury). The innovative battery-powered microprocessor records electrical impulses in... 

Pending Cases Benefit with Pre-Settlement Funding

We all are aware that thousands of innocent people suffer from a personal injury every year, but no one imagines that it could ever happen to them or someone they love. Depending on the type and the severity of the injury, medical expenses can reach thousands of dollars or more, pain and suffering can last years, and some injuries can put a victim out of work for life. When the injury is due to the... 

New Research Could Help Treatment of Children with Cerebral Palsy

Research being conducted at the University of Strathclyde in Glasgow may lead to treatment to help children with cerebral palsy to speak more clearly. Cerebral palsy is usually caused by a birth injury to the brain, and children with the condition often have trouble controlling their movements as they grow older. Dr. Anja Kuschmann is studying the speech patterns of children with the condition in order... 

When Mediation Is Not the Best Way to Resolve a Divorce

Divorce proceedings can be expensive as well as time-consuming and emotionally draining on the main parties involved. An array of issues, including the division of property, child custody, alimony and other items of contention can prove to be the catalyst for a contentious, drawn-out affair in court. Mediation is often suggested as a viable alternative to litigation, but unfortunately it is not always... 

Voluntary Tracking Devices Proposed for Children with Autism

Senator Charles Schumer has proposed legislation that would fund voluntary tracking devices for children with autism, to address the problem of wandering. The proposed legislation is called “Avonte’s law,” after Avonte Oquendo, a 14-year-old boy with autism who was found dead after he disappeared from his school in Queens. The law would increase funding for a Department of Justice program... 

Is Long-Term Care Insurance Worth the Cost?

As the cost of a nursing home stay has increased, so has the cost of long-term care insurance, causing many seniors to reassess the value of such insurance. Many people’s financial planning for retirement includes a combination of Social Security retirement benefits, other sources of income such as a pension, and savings and investments. On [...]  Read More →
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