Although there are hundreds of financial assistance programs for seniors, some of the most popular ones include LIHEAP, SNAP and AARP. Seniors should research financial assistance companies based on individual needs.Continue Reading
Some other popular senior financial assistance companies are MetLife, Puritan Life and Prudential Financial. Seniors can even find excellent benefits, grants and loans through the government. In order to find out if a senior is eligible, a benefits form must be completed and reviewed. Seniors must recognize that a loan does require payback, whereas a grant does not. The government also offers superior financial assistance to seniors with disabilities, as well as those who are business owners or veterans. These statuses should also be noted when applying for any other type of financial assistance.
Different financial companies can help with different needs. For example, if a senior particularly needs financial life insurance assistance, MetLife is a great option. MetLife offers very affordable plans and does not drill seniors with complicated medical questions. AARP is a good option for savings and assistance on a number of things including travel, food, health benefits and entertainment. When a senior becomes an AARP member, he is given a card that can be shown at select establishments for discounts.Learn more about Financial Planning