Charles “Doc” Anderson is a State Representative in Texas. He recently wrote an opinion piece in the Waco Tribune which calls out some unique “penalties” in the tax code associated with the elderly. He correctly calls out that not only are seniors typically paying at a higher tax rate than the wealthiest Americans, but also that there are other, less obvious penalties — for example, after the death of a spouse, lowering deductions and personal exemptions. As a senior, this is definitely worth considering in terms of the upcoming election cycle.
We’ve written before about phone scams, particularly those targeting the elderly. But this particular scam is both big, and close to home. They’re not, infamously, asking you to send money to Nigeria; instead, they’re coming out of Jamaica — praying on seniors for $1,500 a pop to a grand total of over $300 million per year. This CNN video and article claim that the callers have prayed upon the same people so many times, that they may have even driven one senior to suicide. If you have relatives with dementia or Alzheimer’s, take extra care.
Veronica Hackethal, MD, reports for Medscape on a recent study published in “Blood”. Brentuximab vedotin, currently approved for other uses, has just exited a phase 2 study for use as a first-line option against Hodgkin’s lymphoma. The results look good, and that’s important for a lot of elderly with the cancer. The reason is, the regimen is very well tolerated amongst the elderly, much more so than standard chemotherapy. Because the drug is already on the market, it may be available for immediate use; so if you or an elderly loved one suffer from the disease, ask your doctor about it.