Leonel Palatnik, the 42-year-old co-owner of Panda Conservation Group LLC, was sentenced to 82 months in prison for his role in a $73 million Medicare fraud scheme. The scheme, executed during the COVID-19 pandemic, involved paying kickbacks to telemedicine providers to authorize medically unnecessary genetic tests, exploiting temporary telehealth regulation […]
Author: Hoàng Anh
How to Convert a Traditional 401(k) to a Roth IRA: Costs, Strategies, and Rules
Converting a Traditional 401(k) to a Roth IRA involves several steps and considerations. Here’s a comprehensive guide to help you understand the process, costs, strategies, timing, and withdrawal rules: Steps to Convert Traditional 401(k) to Roth IRA: Check Eligibility: Ensure your 401(k) plan allows in-service rollovers (if you are still […]
Ludwig van Beethoven: The Triumph of Spirit Through Music
Early Life Ludwig van Beethoven was born on December 17, 1770, in Bonn, a city in the Electorate of Cologne, which was part of the Holy Roman Empire (in present-day Germany). He was baptized the day after his birth, December 17, so it’s likely he was born on December 16. […]
Skin Care for Men and Women in Their 60s and 70s
The American Academy of Dermatology (AAD) offers specific skincare recommendations for men and women in their 60s and 70s. As people age, their skin undergoes various changes, and proper care becomes essential to maintain healthy skin. Here’s an overview of the key changes in the skin and recommended care practices: […]
Need to Know Social Security Taxes
Age, Income, and Social Security Tax: Age: Age does not affect whether you pay Social Security tax. All earned income from employment or self-employment is subject to Social Security tax up to a certain threshold, regardless of the taxpayer’s age. Income Thresholds: For 2024, the Social Security tax applies to […]
Vu Lan Festival
Significance and Traditions The Vu Lan Festival has long been a cornerstone of Vietnamese cultural and spiritual life, symbolizing the deep-seated value of “remembering one’s roots.” This important day is dedicated to honoring ancestors, grandparents, and parents, providing descendants with an opportunity to express filial piety. Preserving the Meaning of […]
A Social Security Disability Insurance and Medicaid
Who can qualify for Social Security Disability Insurance (SSDI) and Medicaid at the same time? Here’s how it generally works: Qualifying for SSDI and Medicaid: When you are approved for SSDI benefits, you are also automatically eligible for Medicare, not Medicaid, after a waiting period. However, you can be eligible […]
Reasons to Claim Early or Wait Until 70
When determining the optimal time to claim Social Security, most individuals strive to maximize their retirement income. However, despite the potential for higher benefits, the majority of individuals claim their benefits before turning 70. According to the Social Security Administration (SSA), less than 10% of the roughly 3.4 million people […]
Planning for Your Long-Term Care Ins
Long-term care insurance is designed to cover costs associated with long-term care services, which are typically not covered by standard health insurance, Medicare, or Medicaid. These services include assistance with routine daily activities like bathing, dressing, or getting in and out of bed, which may be necessary due to aging, […]
Social Security Benefits
Social Security plays a vital role in the financial security of more than 67 million Americans, especially older individuals. Census Bureau data reveals that: For over half of households led by someone aged 65 or older, Social Security provides at least 50 percent of their income. In one out of […]