These 7 strategies can earn you some last minute savings on your 2018 tax bill

THE CLOCK IS TICKING TO file 2018 tax returns or request an extension. But even if you've procrastinated, there's still time to take advantage of beneficial deductions and credits. "You may still be able to take action to reduce your tax bill," says Chris Hershey, a certified financial planner and supervisor of financial planning at eMoney Advisor, a provider of wealth management technology.

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Many seniors count on their home as a source of retirement income, but that's not necessarily a good idea

Downsizing is a common feature of retirement planning. But two trends could throw a wrench into that: First, more older Americans are carrying debt, typically mortgages, into retirement. Exacerbating this are housing trends that could pose a problem for baby boomers looking to sell large, suburban homes to pay off their mortgage and shore up retirement savings.

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Former Federal Reserve Chairman Alan Greenspan warns that benefit cuts may eventually be needed to save Social Security

Former Federal Reserve Chairman Alan Greenspan warns that cuts may be needed to eventually save the Social Security system.

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New Orleans seniors are fighting for more funding for the local Council on Aging

A political battle is brewing between New Orleans Mayor LaToya Cantrell and the Council on Aging.

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Surprising new study finds 79% of baby boomers have no retirement savings

The clock is ticking for even the youngest baby boomers to ensure that they have enough money to pay for their care needs in retirement, and yet a new study adds to a growing body of research that many members of this generation will not be prepared financially.

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Assess your home and take some precautions to reduce the risk of dangerous falls

Whether it’s yourself or you are caring for an aging loved one, falling is a very serious concern for a lot of people.  In fact, the Centers for Disease Control estimates one in four people 65-years-old or older fall each year.  It’s a scary reality that can lead to a host of other health problems.

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Proposed cuts to Medicare & Medicaid could spell trouble for senior citizens

The president’s proposed budget for next year could spell trouble for older Americans — but not if Congress has anything to say about it (and it will).

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Florida House Speaker outlines his legislative priorities

TALLAHASSEE -- Warning healthcare spending is a “five-alarm fire,” House Speaker José Oliva opened his first legislative session Tuesday by urging lawmakers to support a slate of priority bills that would substantially deregulate the healthcare market in a bid to curb the state’s costs.

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Alabama Governor Kay Ivey highlights ambitious agenda in state of the state address

Alabama Gov. Kay Ivey released an agenda Tuesday night focused heavily on priorities she has promoted for months with new initiatives and proposals mixed in.

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CMS cracks down on nursing home staffing

The Centers for Medicare & Medicaid Services (CMS) on Tuesday announced stricter standards for its consumer-facing nursing home ratings, including a lower threshold for staffing penalties and new separate ratings for short-term and long-term stays.

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