FINANCES OF CAREGIVING - extension.iastate.edu · CAREGIVING Protecting Your Retirement ... Lesson...
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www.extension.iastate.edu FINANCES OF CAREGIVING Protecting Your Retirement and Other Financial Information for Family Caregivers Mondays 2:00 pm to 4:00 pm January 9—February 06, 2017 February 13th—snow day Cost:$15 Halcyon House 1015 S Iowa Ave, Washington, IA Being a family caregiver comes with many responsibilities. The caregiver must make financial decisions for themselves and the care receiver. The decisions have to be in the best interest of the person in need and work for the rest of the family. An important topic of consideration is the caregiver’s retirement if he or she reduces or gives up employment to care for another family member. This $35 program is made possible through the generous contribution of Hills Bank and Trust Company. Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnici- ty, gender identity, genetic information, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all pro- grams.) Inquiries regarding non-discrimination poli- cies may be directed to Ross Wilburn, Diversity Of- ficer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].
Transcript of FINANCES OF CAREGIVING - extension.iastate.edu · CAREGIVING Protecting Your Retirement ... Lesson...
www.extension.iastate.edu
Fees for service will be used to off-set direct expenses and to
support the Human Sciences County Extension Program.
Iowa State University Extension and Outreach programs are
available to all without regard to race, color, age, religion, national
origin, sexual orientation, gender identity, genetic information, sex,
marital status, disability, or status as a U.S. veteran. Inquiries can
be directed to the Director of Equal Opportunity and Compliance,
3280 Beardshear Hall, (515) 294-7612.
FINANCES OF CAREGIVING
Protecting Your Retirement and Other Financial Information
for Family Caregivers
Mondays 2:00 pm to 4:00 pm
January 9—February 06, 2017 February 13th—snow day
Cost:$15
Halcyon House
1015 S Iowa Ave, Washington, IA
Being a family caregiver comes with many responsibilities. The caregiver must make financial decisions for themselves and the care receiver. The decisions have to be in the best interest of the person in need and work for the rest of the family.
An important topic of consideration is the caregiver’s retirement if he or she reduces or gives up employment to care for another family member.
This $35 program is made possible through
the generous contribution of Hills Bank
and Trust Company.
Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnici-ty, gender identity, genetic information, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all pro-grams.) Inquiries regarding non-discrimination poli-cies may be directed to Ross Wilburn, Diversity Of-ficer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].
Lesson Plan
Lesson 1 Understanding Your Starting Point Gathering essential information Lesson 2 Why It’s Essential to Plan Wills, Living Wills Durable Power of Attorney
for Health Care for Financial Matters
Lesson 3 Caregivers: Don’t Forget to Plan for YOUR Retirement Retirement Plans - Ways to Continue
Tax-Deferred Savings While Caregiving Lesson 4 Paying for Care Long-Term Care Insurance Veterans Benefits Medicare and Medi-gap Medicaid Other options Lesson 5 Effective Communication Taking Time and Planning Ahead
This $35 program is made possible
through the generous contribution of
Hills Bank and Trust Company.
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FINANCES OF CAREGIVING
Planning ahead:
Enables informed decision-making based on accurate financial documents.
Reduces the added stress of having to make long term care plans when a crisis has occurred and options may be limited.
Ensures the care receiver still has the capacity to sign legal documents.
Gives families an opportunity to ask and
understand the wishes of the care receiver. A focus point to resolve conflicting views.
Creates clarity of the funds available to
pay for long term care and their sources. Enables the development of contingency
plans and respite care depending on the progression of care needs.
Can improve the financial well-being now
and in the future for the care giver.
