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marfwh Asked March 2015

Mom at home with me. Is there any financial assist avail to allow me to leave my job?

I want to care for her instead relying on others. She does not have medicaid. She has medicare and blue cross security.
My father was a veteran and is no longer with us. She has dementia and needs assistance with daily living activities. I work a full time job and want to be there with her .

abc1234567890 Mar 2015
Those who brought up your retirement brings up a good point - my mother did not go out to work when she could have, instead taking care of her mother. She now has a small social security check and nothing else.

My father was a veteran, retired with 20 years, but he took the larger retirement that ends when you die, so that they'd have more money when us kids were little, but it left Mom with nothing extra when he died surprisingly early.

It's just something to consider, as your earning years are better the younger you are, rather than returning to work later in life.

I called the VA for my mom and there weren't any caregiver benefits, but they suggested we make an appointment with a benefits counselor. I didn't get the impression that she'd be eligible for much but I figure it's worth making the effort to find out. You should at least call the VA for an appointment to see if there's anything she's eligible for.

If your dad was a veteran, see if your Mom is eligible for Tricare medical. In our home town, the Marine recruiting office helps people determine their Tricare eligibility. It's a community service they provide at set hours during the week.

jeannegibbs Mar 2015
Would your mother qualify for Medicaid?

Can she afford to pay you? If so, treat it as a business transaction, withholding and reporting taxes, etc.

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peace416 Mar 2015
If you quit your job, what about your retirement? You need to keep working to build social security, contribute to a 401K plan, if available. There is no financial assistance available to you other than your mother paying you herself.

freqflyer Mar 2015
marfwh, before leaving your job, please read this:

Here are some things to think about if one is trying to decide whether to quit work to care for an aging parent.... on average if a working person quits work he/she will lose, over the years, between $285,000 and $325,000 which includes loss of salary, plus net worth loss of the health insurance, loss of money being put into social security/Medicare, loss of other benefits such as matching 401(k), profit sharing, etc. [source: Reuters 5/30/12]

If your Mom can pay you for taking care of her, then your Mom could pay a professionally trained Caregiver to come in, thus allowing you to continue to be employed.

Go to the Medicare.gov website and roam around to find out what is available.

pamstegma Mar 2015
If Dad was wartime veteran, she could apply for a widow's pension if her income is extremely low. That would not replace your paycheck, though. So she has to agree to pay you from her funds and set up a payroll for you. We always tell people not to quit their jobs, because it ends up being something they regret later. Build your own social security account, keep working.

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