Over 20,000 Massachusetts babies have already begun saving for college. BabySteps, a program from the Office of Economic Empowerment that jumpstarts families into saving for their children’s higher education, has cleared the new signup milestone. The program, run by...
Renee Lazar
Social Security Benefits Can Be Taken to Pay Student Loans in Massachusetts
Student loan borrowers in Massachusetts who are in default may see their Social Security benefits diminish. The Social Security Administration (SSA) can take up to 15% of benefits to pay off student loans in default, according to the Legal Aid Society of Cleveland....
Older Massachusetts Adults Are Facing Discrimination in the Workplace
Forward thinking corporations in Massachusetts are all about diversity and inclusion these days, and rightfully so. These conversations and actions are overdue, as a sundry of colleagues means a more well-rounded business perspective and experience. Yet, one of the...
Rights of Massachusetts Nursing Home Residents Under the Americans With Disability Act
Here is an overview of the Americans with Disability Act issues which directly affect Massachusetts nursing home residents. Right to receive all benefits and services provided: For example, if a nursing home provides internet access as a community service, the...
What Happens to Federal Student Loans When a Massachusetts Borrower Dies?
According to Forbes, a Massachusetts family or spouse can apply for a loan discharge if the deceased borrower has any of the following federal student loans: Direct subsidized loans, Direct unsubsidized loans, Direct PLUS loans and Direct consolidation loans. The same...
Veteran Benefit Payment Rates Increase
The Veterans Administration is increasing compensation payment rates based on the latest cost-of-living adjustment (COLA) announcement. Beginning Jan. 1, 2023, Veterans and beneficiaries who receive VA compensation benefits will see an 8.7% increase in their monthly...
How to Pay Off Marital Debt After a Massachusetts Divorce
If you’re struggling to pay off credit card debt after a Massachusetts divorce, you’re definitely not alone. A recent report from Lending Tree showed that Americans owed a collective $925 billion on their credit cards at last count, and the average unpaid balance per...
Life Insurance to Protect Your Massachusetts Loved Ones
When it comes to protecting your Massachusetts loved ones in case of an unexpected death, choosing the right life insurance policy is crucial. While employer-provided life insurance can be a convenient option, there may be better choices for your specific needs....
Massachusetts Family Size is Changing
Massachusetts families are smaller and people are waiting longer to have children than in years past, according to an NBC News analysis of data released by the National Center for Health Statistics. The U.S. teen birth rate hit a record low in 2019, the NCHS report...
COVID IRS Tax Tip: Grandparents With Eligible Dependents Should Not Miss Out on Child Tax Credit
Grandparents, foster parents or people caring for siblings or other relatives should check their eligibility to receive the 2021 child tax credit. People who claim at least one child as their dependent may not realize they could be eligible to benefit from the child...