- Compile all of your current obligations.
- Examine if you have the most cost-effective plan for you and/or if all plans are still relevant. Consult with a trusted information source before terminating plans.
- Consider reaching out to your local State Health Insurance Assistance Program (SHIP), where you can get free information about Medicare, including apply for and selecting plans. Find your local SHIP counselor for assistance.
- If you're enrolled in Medicare and have limited income and assets, you may be able to put over $100 back in your monthly Social Security check and minimize your premiums and co-pays by learning more about Medicare Savings Programs. Learn more about Medicare Savings Programs.
- If you qualify, Medicare's Extra Help and local prescription drug assistance programs can help you cut your medicine costs.See what savings programs are available.
Legally whittle down your annual tax bill with help from local abatement, circuit rider, or work-off programs. See if you qualify for free tax assistance from the IRS.
- In many states, individuals over a certain age qualify for a free cell phone plan. Consider switching from a land line to a free mobile phone. Find participating phone companies in your state.
- Get paid to give back—the Senior Corps, Retired Senior Volunteer Program (RSVP), and Senior Community Service Employment Program (SCSEP) all provide paid stipends for service.
Use Your Home to Stay at Home™
- If you own your home, it's your biggest asset. Learn about timely and appropriate ways to leverage your home equity to stay independent. Download a free brochure. Call for counseling.
- Many retailers offer discounts to older customers on certain days of the week. Consider making all your purchases on that day. Find senior discounts.
- Must have” legal documents include a will for property distribution decisions, a living will for health care decisions, and a durable power of attorney to designate a personal representative in the event of incapacity. Also, consider a written plan for distributing untitled personal property to heirs or charitable organizations to reduce confusion and family conflicts.
- Find out what other public benefits you may be eligible for by getting a free online screening through NCOA's BenefitsCheckUp® service. Or find help in your area by visiting Eldercare Locator, a service of the U.S. Department of Health & Human Services. Visit BenefitsCheckUp®. Visit Eldercare Locator.