Thousands of low-income older adults who are struggling financially can get free counseling, thanks to a new government program.
The National Council on Aging (NCOA) will set up eight Economic Security Service Centers over the next two years to help up to 4,000 vulnerable older adults. The centers will offer financial planning advice and connect people with assistance programs. The initiative will operate through community-based organizations.
The program will “ensure that older adults can benefit from income support and employment programs, foreclosure mitigation, debt management, legal aid, reverse mortgages and the many other services for which they are eligible,” says NCOA president James Firman.
The centers will be in Baltimore, Chicago, Cleveland, Detroit, Los Angeles, Milwaukee, New York and Tucson.
Carole Fleck is a senior editor at the AARP Bulletin.