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The Typical Retiree s Income Is Shockingly Low

7 Bank Accounts With Extra Perks for Seniors

7 Bank Accounts With Extra Perks for Seniors Elizabeth Lotts © Andrey Arkusha / Shutterstock.com You’ve turned 55? Congratulations! Some of the best senior discounts are now yours for the taking. That might include big savings at the bank. Take for example the following checking and savings accounts. They offer exclusive discounts or other perks for older customers. TD Bank’s TD 60 Plus Checking account is for customers 60 years of age and older. It requires no minimum opening deposit and pays interest 0.03% annual percentage yield (APY), as of the time this article was written although terms may vary by state. Other perks include:

2 Ways Medicare Enrollment May Change Soon

2 Ways Medicare Enrollment May Change Soon A bill that could help new Medicare enrollees is advancing in Congress. Photo by fizkes / Shutterstock.com A bill that promises to help new Medicare enrollees passed the House of Representatives unanimously last week and is now before the Senate Finance Committee. The Beneficiary Enrollment Notification and Eligibility Simplification Act, or BENES Act, contains two provisions that would benefit those signing up for Medicare for the first time. Medicare is the federal health insurance program for people who are 65 or older or have certain disabilities. New explanations of Medicare rules Under the BENES Act, Americans approaching Medicare eligibility would receive advance notice about Medicare enrollment rules. This can be crucial, because misunderstanding some basic rules about Medicare can be costly.

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