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Allies in Aging Blog
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What is the Medicare Savings Program (MSP)?
The Medicare Savings Program (MSP) is a group of state-administered programs that help individuals with limited income and resources pay for certain Medicare costs. These programs are designed to make Medicare more affordable and to ensure that eligible beneficiaries can access needed healthcare services. How does it work? MSPs work by paying some or all of a beneficiary’s Medicare-related expenses, depending on the program for which they qualify. To see if you qualify for MS

Allies in Aging
May 261 min read


What is a Montana Medical Care Savings Account?
A Montana Medical Care Savings Account (MSA) allows Montanans to save money for medical expenses and long-term health care, and reduce their state income taxes at the same time. Any Montana resident taxpayer can designate any Montana bank or credit union account as a Medical Care Savings Account. An MSA account must be separate from other accounts, and only the account holder has access to the funds. In 2026, each taxpayer can place up to $4800 in the account annually. This a

Allies in Aging
May 121 min read


Financial Wellness in Retirement: Making Your Money Stretch Further
Evelyn Dempsey, Director of Community Services Financial wellness looks different for everyone, and it evolves throughout our lives. In our younger years, conversations about financial health often focused on saving, building credit, and investing for the future. As people move through their careers, financial wellness may mean diversifying investments, preparing for retirement, or growing long-term assets. Once someone reaches retirement and begins living on a fixed income,

Allies in Aging
May 123 min read
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