Retirement for Seniors

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Five Programs Every Senior Should Be Familiar With During Retirement

Date : Apr 18,2014
By : Anita Ginsburg

There are a lot of perks to being a senior. You may have children and grandchildren to spend time with and to give guidance to. A fixed income is often the reality with seniors as well. Many businesses offer senior discounts, and most agree that their senior customers are both polite and loyal. There are all sorts of programs available to aid you in your well-earned retirement, particularly if you become ill. The trick is tracking down and identifying the programs and companies that can help you the most. Here are five programs that can significantly enhance the life of seniors:

The Amtrak Senior Passenger Discount

If you are 62 or over, you can receive 15% off fares on most Amtrak trains. All you need to bring is an ID for proof of age. The train is an easy, safe and fun way to travel. This is especially useful if you plan to travel more during retirement, or can’t drive a car.

Social Security Disability

The Social Security Administration offers two major programs that provide disability benefits, says a social security attorney in Long Beach. Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). SSDI pays benefits to those who have a minimum number of credits from work covered under Social Security. SSI does not require a work-earnings record. Your physician must confirm your disability claim and the disability must be expected to last 12 months. Talk to a professional to better understand your options and help you navigate the legal process.

Extra Help with Medicare Prescription Drug Costs

If you have Medicare, limited resources or if you are on social security disability, you may qualify for monthly premiums and co-payments. This extra help is worth about $4,000 a year. You can apply by completing Social Security’s Application for Extra Help with Medicare Prescription Drug Plan Costs (Form SSA-1020). You can call Social Security at 1-800-772-1213.

The Tax Counseling for the Elderly Program

The TCE program is completely free. IRS-certified volunteers specialize in questions about pensions and retirement-related issues. The volunteers quite often are retirees themselves. Call 1-800-906-9887 to find a local TCE site.

Case Management Services

Case Management Agencies are funded by the Department for the Aging. They have a very wide array of services, all of which are free to seniors. Case management can provide advocacy when dealing with utility companies and landlords. In addition, they can provide home-delivered meals. Case Management can even provide counseling on long-term care issues.

Retirement should be enjoyed to the fullest, and knowing what programs are available to improve your quality of life is a good start. Don’t hesitate to take advantage of the many opportunities and benefits that come with being a senior.