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Congress approved legislation that would allow retirees to defer withdrawals from their 401(k) plans and individual retirement accounts in 2009 without triggering a penalty. President Bush is expected to sign the bill. Ordinarily, seniors age 70½ and older...

A New York trial court held that because the state Medicaid agency failed to reconsider its earlier eligibility determination in a timely manner, its amended decision denying benefits is vacated. dickinson-vs-ny-department-of-health-and-onondaga-county-department-of-social-services, (N.Y. Sup. Ct., No. 08-4831, Dec. 3, 2008)....

An annuity is a type of insurance product in which an insurer, in exchange for charges (akin to premiums), makes a series of income payments at regular intervals over a set period. Senior citizens and other consumers often...

A U.S. district court in California refused to throw out a case against Merrill Lynch (now Bank of America) alleging elder abuse and breach of fiduciary duty after one of the brokerage’s financial advisors persuaded an elderly client...

Best Careers 2009: Mediator Overview. If we can’t solve a conflict, we tend to give up or hire a lawyer. There can be a better way: A mediator can often help resolve a dispute less expensively and with...