Tag Archive | "rules"

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Why Reverse Mortgages Are A Harder Sell Now

The millions of Americans who haven’t saved enough money for retirement still have a potential safety net: their home equity.

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How Reverse Mortgage Rule Change Affects Borrowers

The loans allow homeowners age 62 or older to borrow against the value of a home, with no need to repay the loan until the borrower dies or sells the home.

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Female doctor doing medical examination of a man during a home care visit caregiver medical

Fed. rules to require home health agencies to do more for patients

Home health agencies will be required to become more responsive to patients and their caregivers under the first major overhaul of rules governing these organizations in almost 30 years.

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Herbert and Judith Schwartz

New nursing home rules offer residents more control of care

About 1.4 million residents of nursing homes across the country now can be more involved in their care under the most wide-ranging revision of federal rules for such facilities in 25 years.

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Money

What do the new, stricter broker rules mean for you?

High fees. Conflicts of interest. Inappropriate investments. The Obama administration is going after a host of perceived rip-offs with the new rules it unveiled for brokers who recommend investments for retirement savers.

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SPRINGFIELD, MA - JUNE 2: Elizabeth Warren speaks during the 2012 Massachusetts Democratic Endorsing Convention, held at the MassMutual Center in Springfield. (Photo by Aram Boghosian/The Boston Globe via Getty Images)

Financial companies get tongue lashing from lawmakers

The goal is to protect retirees from buying unnecessary products that line their brokers’ pockets.

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