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Week of Oct 11, 08 thru Oct 17, 08
Advocacy
  Meals On Wheels Programs See Drastic Cuts In Donations     A recent poll conducted by Meals On Wheels Association of America (MOWAA) reports that 61% of Meals On Wheels programs in the United States are experiencing a decrease in corporate giving and 68% reported a decrease in individual donations. Without the financial support they desperately need from their donors, these local organizations are struggling to provide meals to the homebound seniors they regularly serve. Login to see complete story
   10/14/2008 1:25 PM

  Older Americans Act Provides For Assistance For Supportive Services     Advocates assisting Medicare beneficiaries, including those who are dually eligible for Medicare and Medicaid, should review the supportive services available under the Older Americans Act (OAA) for individuals in their homes or communities, advises the Center for Medicare Advocacy (CMA). The OAA includes a wide variety of services that may assist those receiving home health care under Medicare or Medicaid, CMA experts say. Login to see complete story
   10/16/2008 4:39 PM

Federal Agencies
  IRS Unveils Pension Plan Limitations For 2009     The Internal Revenue Service has set cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2009. Many of the pension plan limitations will change for 2009 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, for others, the limitation will remain unchanged. Login to see complete story
   10/17/2008 07:47 AM

  More Than $5 Billion Released Under LIHEAP     The U.S. Department of Health & Human Services has released $5.1 billion in funding for the federal government's Low Income Home Energy Assistance Program (LIHEAP) under the Fiscal Year 2009 Continuing Resolution. The funds will assist states, territories, tribal areas and the District of Columbia with addressing their energy needs, particularly for the upcoming winter season. Login to see complete story
   10/17/2008 07:59 AM

Financial Services
  Recessions & Bear Markets: The Connection Isn't As Close As You May Think     Recent economic and capital markets developments have contributed to a surge in stock-market volatility, leading some investors to worry that the odds of a recession have risen -- along with the risk of a significant market downturn. Many investors are nervous because they assume an economic recession would lead to a decline in corporate profits, which would likely push stock prices down. Login to see complete story
   10/14/2008 12:16 PM

  Reverse Mortgages Show Growth In 2008     Reverse mortgages continue to be one of the few growth areas in the mortgage industry. According to data provided by the National Reverse Mortgage Lenders Association, the industry closed 112,154 Home Equity Conversion Mortgages, or HECMs, in Fiscal Year 2008, which ended Sept. 30, surpassing the record loan volume for FY 2007. Login to see complete story
   10/15/2008 12:01 PM

Funding Opportunities
  ABA's Partnerships in Law & Aging Program Seeks New Applicants     (Deadline March 1) The Partnerships in Law & Aging Program is a collaborative effort of the American Bar Association’s Commission on Law & Aging and the Albert & Elaine Borchard Foundation Center on Law & Aging, with ongoing support from the Marie Walsh Sharpe Endowment. Login to see complete story
   10/15/2008 08:03 AM

  EPA Requests Proposals To Build Healthy Communities For Active Aging     The U.S. Environmental Protection Agency plans to award in early 2009 a total of $200,000 -- $100,000 each for two grants. Letters of intent are encouraged by Oct. 24. Proposals must be submitted by Nov. 21. Login to see complete story
   10/17/2008 07:31 AM

  NIA, McKnight Brain Research Foundation Join Forces On Grant Opportunities     The Research Partnership in Cognitive Aging is a newly launched public-private effort to support current and emerging research on age-related changes in the brain and cognition. Jointly funded by the National Institute on Aging (NIA), one of the National Institutes of Health (NIH), and the McKnight Brain Research Foundation, through the Foundation for the National Institutes of Health (FNIH), this effort is expected to award an estimated $20 million in research grants over the next five years. Login to see complete story
   10/16/2008 08:44 AM

  SAMHSA Awards $12M-Plus In Grants To Meet Older Americans’ Mental Health Needs     The Substance Abuse & Mental Health Services Administration (SAMHSA) today has awarded 10 grants totaling more than $12 million over three years through the Older Adults Targeted Capacity Expansion Grant Program to help communities meet the special mental health needs of older Americans. Login to see complete story
   10/15/2008 07:09 AM

Message From The Editor
  Website 'Users Manual' Now Available     Here's a handy new tool that will help you make better use of our online news services. Login to see complete story
   10/14/2008 4 PM

Research and Reports
  Study Links Sleep, Memory Problems In Older African-Americans     A landmark study led by North Carolina State University researchers shows that African-American seniors who have trouble falling asleep are at higher risk of having memory problems -- raising the possibility that identifying and treating sleep difficulties in the elderly may help preserve their cognitive functioning. Login to see complete story
   10/14/2008 3:55 PM


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