Serving as a caregiver may stir up feelings of guilt as families struggle with what is best for the person in need and how it affects the rest of the family.
Understanding your choices means knowing your current situation. The Finances of Caregiving, a course offered through Iowa State Extension and Outreach, will guide participants through finding and collecting that information. Materials and guidance will be provided to assist caregivers in protecting their assets and prepare for their retirement while providing care.
Understanding Your Starting Point
Completing personal worksheets
Why It’s Essential to Plan
Wills, Living Wills
Durable Power of Attorney for healthcare and other financial matters
Caregivers: Don’t Forget to Plan for YOUR Retirement
Retirement Plans - Ways to continue tax-deferred savings while caregiving
Paying for Care
Long-Term Care Insurance
Veterans Benefits, Medicare, Medigap, and Medicaid
Taking Time and Planning Ahead
This five-week program will be offered on Wednesdays beginning January 29th, 2020. This is a hybrid class format and we will meet face-to-face for the first and last sessions on Wednesdays from 3:30 to 5:00 pm in Conference Room Melrose #4 at University of Iowa Hospitals & Clinics, and we will meet online the middle three sessions. This course is offered at NO COST to UI faculty and staff. Participants are allowed to bring a friend or relative, if preferred, at no cost. Please indicate this during registration. Register here.