The Two Funds There are two Social Security trust funds or separate accounts where money is collected and deposited. These accounts are the Old-Age and Survivors Insurance Trust (OASI), and the Disability Insurance Trust (DI). Many publications refer to the two accounts together with a joint acronym, OASDI. It’s worth noting that a combination of the …
Meet Senior Financial Group’s Agent of the Month, Leigh Ann Warwick! Known for her charismatic and outgoing personality, this longtime team member is held in high regard among our staff and her clients. About Leigh Ann This Knoxville native is a mother of five wonderful children; Jordan (23), Kendall and Chandler (22), Sarah (20), and …
This Sunday, September 9th is National Grandparents’ Day. At Senior Financial Group, many of our clients and employees alike cherish their roles as grandparents. We enjoy taking a moment to celebrate those who make a profound impact on our community and the lives of others. A little history… Congress named the first Sunday after …
It’s all fun and games to think about never working another day and relaxing on a beach somewhere, but unfortunately, life is not a Jimmy Buffet song. Retirement can be complicated, or at least certainly not as simple as we hope, which is why it is so important to be prepared. When you think about …
What is a podcast? As we mentioned in 3 Reasons to be a Tech Savvy Senior, a podcast is a digital audio file available on the internet, often organized by episodes in a series similar to a television series. It’s like listening to a TV show or radio segment, but episodes are available when …
Who doesn’t love a good discount? Here in Knoxville, Tennessee there are some pretty sweet offers for those 55+. Make sure to check our list of senior discounts for restaurants, grocery stores, fast food chains, and retail locations for place you frequent around Knoxville. If you have a favorite senior discount you don’t see on …
When choosing an insurance agent to work with regarding your Medicare options, it’s important to fully understand the roles and characteristics that come with your options. Beneficiaries have two common options: captive and independent agents. By definition… Captive: having no freedom to choose alternatives or to avoid something. (of a facility or service) controlled by, …
If your parents or loved one(s) have reached senior years, you have likely worried about whether or not they are eating regularly, enough, or having nutritious meals. It is not uncommon for seniors to skip meals due to fatigue, reduced appetites, or difficulty cooking. Thankfully, there is an easy solution. Senior meal delivery services are …
Extra Help with Prescription Drug Plans What it is “Extra Help”? Extra Help, also known as Low-Income Subsidy (LIS), with Medicare prescription drug plan costs is often misunderstood by its potential beneficiaries. This program is funded by Social Security to help individuals with limited income and resources pay for their Medicare Part D (prescription drug …
As members of the baby boomer generation reach retirement, being tech-savvy during those senior years is only becoming increasingly important. Learning new technologies can seem like a daunting task at times, but the rewards will be worth the time and energy! Here are 3 reasons why all seniors can benefit from being tech-savvy: Stay Connected …