News

• Delta’s Earnings Rise
• Treasury Yields Rise
• Mortgage Rates Rise Slightly

I would like to find out if my 73-year-old aunt is eligible for food stamps or any other type of food assistance program. It seems that she has a difficult time affording enough food each month, and I would like to help if I can. What can you tell me? Sadly, millions of older Americans like your aunt struggle with food costs. According to a recent study by Feeding America, 5.5 million U.S. seniors age 60 and older are food insecure. Fortunately, there are several programs that may be able to help. SNAP Benefits While there are millions of seniors who are eligible for food stamps, less than 40% actually take advantage of this benefit. The federal food stamp program is formally titled the Supplemental Nutrition Assistance Program (SNAP). However, your state may use a different name for the program. For seniors to get SNAP, their net income must be under the 100% federal poverty...
Learn More

As the tax filing season moves into focus, the Service announced the Free File program is available on IRS.gov. The Free File program has served 57 million taxpayers since 2003. Ten tax software companies and the IRS offer free tax-preparation software for 2019 returns. Free File is available for taxpayers with adjusted gross incomes of $69,000 or less. IRS Commissioner Chuck Rettig notes, "Free File online products offer free federal tax return preparation, free electronic filing and free direct deposit of refunds to help get your money faster. The IRS has worked to improve the program for this year, and we encourage taxpayers to visit IRS.gov and consider using the Free File option to get a head start on tax season." There are four steps in order to use Free File. Go To IRS.gov – Select Do Your Taxes for Free, then select Choose a Free File Online Product. Choose a Tax...
Learn More

A very popular option for a parent with children is called the "Give It Twice" trust. This is a trust funded when the...
Learn More