NCOA Encourages Older Adults to Boost Their Budgets by Applying for $30 Billion in Unclaimed Benefits
ARLINGTON, Va., April 1, 2024 /PRNewswire/ -- With poverty rising among older Americans and the cost-of-living still a challenge for those living on a fixed income, the National Council on Aging (NCOA) is raising awareness this month about the $30 billion in benefits that eligible older adults leave unused each year because they don't know about these assistance programs or how to apply.
- Boost Your Budget Week spotlights programs that help pay for food, medicine, and more.
- Boost Your Budget Week , April 15-19, focuses on connecting eligible older adults to programs like the Supplemental Nutrition Assistance Program (SNAP) , Medicare Savings Programs (MSP) , and Medicare Part D Extra Help —all of which can make it easier for low-income older adults to afford daily expenses.
- "Today in America, we have over 8 million older adults living in poverty, 2 million more than the year before," said Josh Hodges , NCOA's Chief Customer Officer.
- These partners operate under NCOA's national network of Benefits Enrollment Centers , supported by the U.S. Administration for Community Living (ACL).